VIC/
Beaumaris

Suburb Profile

Beaumaris - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3193

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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 $1,500,000.

The upward trend in home prices in BEAUMARIS, 3193 averaged 11.67% per annum over a 3-year period.

Average weekly rents on listings have reached the $750 mark, reflecting a 2.6% increase in returns based on the current median price in BEAUMARIS.

An average of 15.25 real estate transactions take place per month in BEAUMARIS which translates to 183 per annum.

183 properties were sold in BEAUMARIS in 2016, making it the 483rd most active market in VIC based on total real estate transactions.

BEAUMARIS, 3193 places 350th in Australia based on median property value growth during the quarter.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,500,000 $940,000
GROWTH REPORT
Median Quarterly 2.74% 0.27%
Median 12 month 8.87% -4.33%
Median 3 years 35.01% 29.66%
Median 5 years 52.01% 34.29%
10 years average annual 6.78% 5.11%
Weekly media advert. rent $750 $550
Time on Market 68.0 days 86.4 days
Gross Rental Yield Percent 2.6% 3.04%
demographics (median values)
Total Population
12444
Weekly Household Income
1512
Household Size
2.70
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