AREA REPORTS

Beaumaris

Suburb Profile

Beaumaris - FREE 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 $1,700,000.

The upward trend in home prices in BEAUMARIS, 3193 averaged 13.5% per annum over a 3-year period.

Average weekly rents on listings have reached the $850 mark, reflecting a 2.6% increase in returns based on the current median price in BEAUMARIS.

An average of 12.42 real estate transactions take place per month in BEAUMARIS which translates to 149 per annum.

149 properties were sold in BEAUMARIS in 2016, making it the 575th most active market in VIC based on total real estate transactions.

BEAUMARIS, 3193 places 221st in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,700,000 $922,500
GROWTH REPORT
Median Quarterly 2.41% 2.5%
Median 12 month 10.5% 5.11%
Median 3 years 40.5% 2.93%
Median 5 years 70% 25.25%
10 years average annual 6.31% 4.94%
Weekly media advert. rent $850 $500
Time on Market 60.0 days 64.0 days
Gross Rental Yield Percent 2.6% 2.82%
demographics (median values)
Total Population
12444
Weekly Household Income
1512
Household Size
2.70
demographics
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