Suburb Profile Report for Beveridge VIC (3753)

Beveridge House: Median price $557,500, Annual capital growth 7.94%, Number of sales 39, Weekly median advertised rent $410

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

At number 605th in the list of Australian suburbs ordered by increase in median house value over the last year, Beveridge, 3753 is in the top 20% with a property value increase of 12.40% recorded in median house prices.

Over the longer term, Beveridge has seen property prices show investors a 39.38% return over the last 3 years. This is worse than over the last 12 months

Property buyers and investors in Beveridge 3753 should be seeing an average reduction in asking price of around -6.54% . This means that Beveridge is holding prices well when compared to other suburbs in VIC.

Often selling an investment property can take time, and in Beveridge the average time real estate has been on the market is 58 days.

With the median price for a house in Beveridge being $557500 and the advertised rent reaching $410 the gross rental yield for property investors calculates out to be 3.82%

Metrics i HOUSE UNIT
$557,500 N/A
1.36% N/A
12.40% N/A
7.94% N/A
$410 N/A
39 N/A
3.82% N/A
58 N/A

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload each month. Please note that data is routinely updated by our partners, so may change month to month.

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 871
Median household income ($/weekly) 1533
Median age of persons 36
Median housing loan repayment ($/monthly) 2000
Average household size 3.2
  • Census Count Percent(%)
    5-14 years 127 14.6
    25-34 years 102 11.7
    35-44 years 148 17.0
    45-54 years 130 14.9
    55-64 years 118 13.5
    Others 246 28.2
    Age Group
    Census Count Percent(%)
    Registered Married 386 59.8
    Not Married 211 32.7
    Defacto Relationship 49 7.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 631 77.4
    Japan 36 4.4
    Netherlands 13 1.6
    United Kingdom 26 3.2
    Other 17 2.1
    Others 92 11.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 13 1.6
    Christianity 564 70.8
    Islam 34 4.3
    Other Religious Groups 15 1.9
    No Religion 165 20.7
    Others 6 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 25 10.7
    $1,000-$1,249 24 10.3
    $1,250-$1,499 22 9.4
    $1,500-$1,999 39 16.7
    $2,000-$2,499 37 15.9
    Others 86 36.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 298 44.5
    Not in the labour force 195 29.1
    Employed, worked part-time 134 20.0
    Employed, away from work 24 3.6
    Unemployed, looking for work 18 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 60 13.0
    Professionals 63 13.6
    Technicians & trades workers 92 19.9
    Clerical & administrative workers 71 15.4
    Machinery operators & drivers 50 10.8
    Others 126 27.3
    Occupation
    Census Count Percent(%)
    Pre-school 9 4.8
    Infants/Primary 75 39.7
    Secondary 57 30.2
    Technical or Further Educational Institution 24 12.7
    University or other Tertiary Institutions 15 7.9
    Others 9 4.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 802 98.8
    Semi-detached, row or terrace house, townhouse 5 0.6
    Improvised home, tent, sleepers out 5 0.6
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 133 53.2
    Fully owned 90 36.0
    Rented 27 10.8
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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