Fraud Blocker

Beechworth, VIC 3747

Home » VIC Real Estate Data » Indigo Shire, VIC » Beechworth, VIC 3747

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 Beechworth, VIC 3747 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

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

Sign up to see the score

Capital Growth RCS™

Sign up to see the score

Cashflow RCS™

Sign up to see the score

FREE Investment Property Checklist

Secure your golden ticket to property investment success! Get our meticulously crafted Property Investment Checklist upon subscribing to our newsletter. It’s jam-packed with valuable insights from prime locations to specific building nuances.

Essentials
No Price Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

No Rent Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

Upgrade to Personal Plan to see Yield data.
Yield chart
Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart
Fundamentals
Upgrade to Personal Plan to see IRSAD data.
IRSAD chart
Upgrade to Personal Plan to see U|H and R|O data.
Renters to owners pie chart
Upgrade to Personal Plan to see U|H and R|O data.
unit to houses pie charts
Upgrade to Personal Plan to see Demand Profile data.
Demand chart
Upgrade to Professional Plan to see Affordability Index data.
Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

Upgrade to Professional Plan to see Stock On Market trend.
SOM chart
Upgrade to Professional Plan to see Inventory trend.
Inventory chart
Upgrade to Professional Plan to see Building Approvals trend.
Inventory chart
Upgrade to Professional Plan to see Hold Period trend.
Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

Upgrade to Professional Plan to see Days On Market trend.
DOM chart
Upgrade to Professional Plan to see Vacancy Rate trend.
Inventory chart
Upgrade to Professional Plan to see Search Index trend.
Index chart
Upgrade to Professional Plan to see Clearance Rate trend.
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.

Have a question? You can either leave a comment below or post it on our forum.

0 thoughts on “Beechworth, VIC 3747”

  1. The total adult population (15 years or older) of Beechworth 3747 VIC is 3,591, with a median age of 49. Of those, 46.34% are married, 15.62% are divorced or separated, 31.22% are single and 6.71% are widowed.

    The average household size is 2.2 people per dwelling, and the median household monthly income is estimated to be $7,520. The median monthly mortgage repayment for households in this suburb is $1,550 which is 20.61% of their earnings.

    Source: ABS Census Data (2021)

  2. Nestled in the state of Victoria, the suburb of Beechworth 3747 is home to approximately 2,368 households. As we move into the third quarter of 2023, the typical price for houses in this area stands at $889,646. A relatively strong weekly rent of $502 brings the indicative yield to 2.93%, falling just shy of the 3% threshold attractive to cashflow-focused property investors.

    The IRSAD score for this Beechworth suburb is 1004 out of the possible 1217, painting a positive picture of the socio-economic status. With a renter to owner ratio sitting at 20%, the area offers a well-balanced property market. A low units to houses ratio of 3% fuels a preference for family dwellings, and suggests less rental competition in the area, which is often favourable to landlords.

    However, potential investors should note Beechworth’s affordability index, standing at a formidable 46 years. This above-average duration suggests the typical property prices and local median income may present a challenge for residents aiming to fully own their property.

    Supply metrics offer a promising outlook. Stock on the Market Percentage for houses is a meagre 0.05%, hinting at a potential demand-surpassing-supply scenario. The inventory level for houses stands at 0.33 months, reinforcing the narrative of low supply.

    The building approvals Ratio of 0.32% indicates a controlled addition of new dwellings, striking a balance between over-saturation and supply shortfall. Beechworth’s days on market comes in at 88 days, suggesting a moderate level of demand.

    The vacancy rate, covering both houses and units, is incredibly low at 0.41%, which could imply a high demand. However, with a buy search index of 4, there is a need to monitor this metric closely in coming periods to determine whether demand will maintain, dip or surge.

    Overall, while Beechworth’s property market presents specific challenges, such as the high affordability index, it also offers opportunities. The strong IRSAD score, low units to houses ratio, and promising supply metrics are all inviting aspects for astute property investors. It is crucial, however, to keep a finger on the pulse of the buy search index and other demand metrics to take full advantage of potential growth in this suburb. Further analysis, utilising the HtAG Analytics Relative Composite Score (RCS), could provide a more comprehensive view of the Beechworth property market landscape.

    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.

Leave a comment