Suburb Profile Report for Beveridge VIC (3753)

Beveridge House: Median price $567,500, Annual capital growth 7.07%, Number of sales 30, Weekly median advertised rent $410

  • 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.

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  • House Report

At number 1180th in the list of Australian suburbs ordered by increase in median house value over the last year, Beveridge, 3753 is in the top 30% with a property value increase of 3.18% recorded in median house prices.

When looking at the potential capital gains offered to property investors over the last 3 years, Beveridge comes in at number 138th in VIC.

Property buyers and investors in Beveridge 3753 should be seeing an average reduction in asking price of around -8.24% . This means that Beveridge is holding prices well when compared to other suburbs in VIC.

Renters in Suburb are facing rents around $21320 per annum or $410 every week.

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Beveridge, VIC – Accessibility spurs growth

Postcode: 3753

Median house price: $570,000

Three-year growth: 34.4%

Rental yield: 3.7%

A town of Victoria, Beveridge is located 62km from Melbourne CBD. It is most popular for its history of being the birthplace of Ned Kelly, with the cottage he grew up in still able to be seen on Kelly street.

Residents are able to access business opportunities along the major highways that connect the town to Melbourne, which can be reached in under an hours’ drive. The nearby Kinglake National Park provides for a great outdoors escape, with plenty walking trails and scenic views.

Additional shopping and medical amenities can be accessed in the nearby suburb of Craigieburn, which has Highlands Shopping Centre and Craigieburn Plaza Shopping Centre, as well as a leisure centre.

Metrics i HOUSE UNIT
$567,500 N/A
0.89% N/A
3.18% N/A
7.07% N/A
$410 N/A
30 N/A
3.76% N/A
85.9230769230769 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 : Balanced (H), Balanced (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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