Suburb Profile Report for Beechworth VIC (3747)

Beechworth House: Median price $371,250, Annual capital growth 2.28%, Number of sales 53, Weekly median advertised rent $310

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Investment property in Beechworth has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 4.58%

The five-year average increase in median property values for Beechworth,3747 has given property investors a potential capital gain of 25.85% across each of those five years.

Property buyers and investors in Beechworth 3747 should be seeing an average reduction in asking price of around -4.21% . This means that Beechworth is holding prices well when compared to other suburbs in VIC.

Advertised rents are around the $310 mark per week – giving a return of 4.34% based on the median price in Suburb

Metrics i HOUSE UNIT
$371,250 N/A
0.34% N/A
4.58% N/A
2.28% N/A
$310 N/A
53 N/A
4.34% N/A
88.22 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 3559
Median household income ($/weekly) 954
Median age of persons 48
Median housing loan repayment ($/monthly) 1500
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 397 11.2
    35-44 years 472 13.3
    45-54 years 550 15.5
    55-64 years 655 18.4
    65-74 years 422 11.9
    Others 1063 29.9
    Age Group
    Census Count Percent(%)
    Registered Married 1217 49.9
    Not Married 966 39.6
    Defacto Relationship 256 10.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 2906 86.6
    Greece 28 0.8
    Papua New Guinea 29 0.9
    United Kingdom 194 5.8
    Other 71 2.1
    Others 129 3.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 38 1.2
    Christianity 1906 62.4
    Hinduism 7 0.2
    Other Religious Groups 18 0.6
    No Religion 1078 35.3
    Others 6 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 172 14.1
    $600-$799 160 13.1
    $800-$999 133 10.9
    $1,000-$1,249 132 10.8
    $1,500-$1,999 145 11.9
    Others 481 39.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1198 42.3
    Employed, worked full-time 837 29.6
    Employed, worked part-time 638 22.5
    Employed, away from work 93 3.3
    Unemployed, looking for work 65 2.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 241 15.4
    Professionals 397 25.3
    Technicians & trades workers 189 12.1
    Community & personal service workers 183 11.7
    Labourers 182 11.6
    Others 375 23.9
    Occupation
    Census Count Percent(%)
    Pre-school 70 10.1
    Infants/Primary 244 35.1
    Secondary 212 30.5
    Technical or Further Educational Institution 92 13.2
    University or other Tertiary Institutions 58 8.3
    Others 20 2.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2851 94.2
    Flat, unit or apartment 90 3.0
    Semi-detached, row or terrace house, townhouse 71 2.3
    Caravan, cabin, houseboat 11 0.4
    House or flat attached to a shop, office 4 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 604 45.9
    Being purchased 411 31.3
    Rented 290 22.1
    Other tenure type 10 0.8
    Tenure Type
Census 2011, ABS
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