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Beaconsfield, TAS 7270

Home » TAS Real Estate Data » Latrobe Council, TAS » Beaconsfield, TAS 7270

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Beaconsfield, TAS 7270 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

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Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Beaconsfield, TAS 7270”

  1. The total adult population (15 years or older) of Beaconsfield 7270 TAS is 1,125, with a median age of 46. Of those, 37.42% are married, 17.69% are divorced or separated, 37.07% are single and 7.73% are widowed.

    The average household size is 2.2 people per dwelling, and the median household monthly income is estimated to be $5,172. The median monthly mortgage repayment for households in this suburb is $953 which is 18.43% of their earnings.

    Source: ABS Census Data (2021)

  2. The delightful suburb of Beaconsfield, TAS 7270, boasts a community of around 784 households. Let’s delve into its thriving property market.

    In Q3 of 2023, the average price for houses in Beaconsfield was marked at a respectable $512,482. Accompanied by a median weekly rent of $370, this generated an attractive indicative yield of approximately 3.77%, which sits above the minimum Australian market requirement of 3%—a highly favourable factor for property investors with a cashflow-centred approach.

    Reviewing the area’s socio-economic conditions, Beaconsfield’s IRSAD score surfaced at 820 out of a possible 1,217. This fair score suggests a reasonable socio-economic status within the community.

    Adding further appeal to the area’s investment potential is the renter-to-owner ratio, placed modestly at 21% — far below the threshold of 30% which is considered favourable, and significantly lower than the 45% that marks questionable investment areas due to high rental saturation.

    The suburb shines with a low units-to-houses ratio of just 3% — a figure favourable for those seeking less competition among landlords for tenants, and the potential for longer tenancy periods.

    However, the suburb does face challenges with affordability. With a score of 39 years on the Affordability Index—demonstrating a higher-length commitment to own a property outright—this could pose an unfavourable condition for potential property owners.

    Despite this, with a Stock-on-Market Percentage of 0.77% for houses, signalling a neutral supply, and inventory positioned at a neutral 3.6 months, the supply metrics for the suburb seem largely balanced.

    Nevertheless, the building approvals Ratio sits at an unfavourable 3.06% that could lead to a future increased supply of housing stock. Making timely property decisions is vital as the Average days on market for houses stands at 51, highlighting a slightly sluggish turnover rate.

    On the brighter side, a low vacancy rate of 1.2% caters towards high demand, signalling great opportunities for owners to capitalise on high rents due to limited supply. However, the Buy Search Index’s score of 3 demonstrates just moderate buyer demand.

    Taking into account the mix of these metrics, the Beaconsfield property market showcases aspects of balance, potential, and areas for consideration, serving as a compelling research field for savvy property investors and buyers’ agents. Investors should remain vigilant about market developments while exploring this dynamic property market. Remember, these metrics, along with 80 others, are incorporated into the HtAG Analytics’ RCS (Relative Composite Score) for a more comprehensive outlook.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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