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Beaumaris
AREA REPORTS

Beaumaris

Beaumaris - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3193

house
unit

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $2,100,000.

The upward trend in home prices in BEAUMARIS, 3193 averaged 10.35% per annum over a 3-year period.

Average weekly rents on listings have reached the $855 mark, reflecting a 2.12% increase in returns based on the current median price in BEAUMARIS.

An average of 18.25 real estate transactions take place per month in BEAUMARIS which translates to 219 per annum.

219 properties were sold in BEAUMARIS in 2016, making it the 472nd most active market in VIC based on total real estate transactions.

BEAUMARIS, 3193 places 220th in Australia based on median property value growth during the quarter.

Data report can be found below

Beaumaris
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $2,100,000 $1,250,000
GROWTH REPORT
Median Quarterly 5.79% 6.34%
Median 12 month 21.74% 18.15%
Median 3 years 31.05% 47.06%
Median 5 years 44.83% 28.87%
10 years average annual 7.44% 5.71%
Weekly media advert. rent $855 $625
Time on Market 47.7 days 59.7 days
Gross Rental Yield Percent 2.12% 2.6%
demographics (median values)*
Total Population
19508
Weekly Household Income
2179
Household Size
2.70
Age
46
Monthly Loan Repayment
2500
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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