Beveridge

POSTAL CODE: VIC, 3753

HOUSE

Property investors enjoyed capital gains of 0.77% over the last 12 months in BEVERIDGE, translating to lower returns compared with its peers in VIC.

Figures from the previous quarter show that capital gains for real estate buyers in BEVERIDGE are low, as opposed to average gains per annum over the past five years.

The suburb posted a 2.36% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $480 based on current median home prices for the suburb.

On average, rents on listings have reached the $480 mark, reflecting a 3.84% increase in returns based on the current median price in BEVERIDGE.

BEVERIDGE, 3753 ranks 523rd in VIC in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 198th on the list of best yielding suburbs for rental properties in VIC, posting a 3.84% return.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$649,990	N/A
Growth Report
Median Quarterly	0.77%	N/A
Median 12 month	0.77%	N/A
Median 3 years	2.36%	N/A
Median 5 years	9.24%	N/A
10 years average annual	4.77%	N/A
Weekly media advert. rent	$480	N/A
Time on Market	100.5 days	N/A
Gross Rental Yield Percent	3.84%	N/A

Demographics (Median Values)*

Total Population 2330

Weekly Household Income 1940

Household Size 3.20

Average Age 32

Monthly Loan Repayment 1997

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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