Suburb Profile Report for Beechworth VIC (3747)

Beechworth House: Median price $447,000, Annual capital growth 6.68%, Number of sales 68, Weekly median advertised rent $329

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

At number 236th in the list of Australian suburbs ordered by increase in median house value over the last year, Beechworth, 3747 is in the top 10% with a property value increase of 16.56% recorded in median house prices.

If we look at median property appreciation over just the last three months, Beechworth has given property investors a paper return of 1.82%. This puts Suburb as 145 on a list of fastest fasting appreciating suburbs in VIC

Beechworth3747 is located in VIC which offers an average discount of -6.90% to property investors. Beechworth itself is showing figures that indicate -4.35% is the average achievable by property buyers investing in the suburb.

Property investors should expect to get $329 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$447,000 N/A
1.82% N/A
16.56% N/A
6.68% N/A
$329 N/A
68 N/A
3.83% N/A
77.7083333333333 N/A

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Above average (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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