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Safety Beach, VIC 3936

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 Safety Beach, VIC 3936 located in Melbourne 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 “Safety Beach, VIC 3936”

  1. The total adult population (15 years or older) of Safety Beach 3936 VIC is 5,561, with a median age of 53. Of those, 53.52% are married, 15.05% are divorced or separated, 25.03% are single and 6.51% are widowed.

    The average household size is 2.3 people per dwelling, and the median household monthly income is estimated to be $7,516. The median monthly mortgage repayment for households in this suburb is $2,000 which is 26.61% of their earnings.

    Source: ABS Census Data (2021)

  2. Nestled in the state of Victoria, the suburb of Safety Beach, postcode 3936, is home to approximately 4853 households. As we venture further into the third quarter of 2023, the typical price for houses in this cosy corner of the state stands firm at a robust $1,392,887. With the median rent per week for these properties hovering around the $673 mark, investors can anticipate an indicative return or yield of 2.51%.

    With an IRSAD score of 1013 out of a possible 1217, Safety Beach holds a positive socio-economic standing; enhancing the area’s appeal to both families and professionals. Bolstering its attractiveness for potential investors is the healthy renter to owner ratio of 23%, ensuring that competition among landlords is kept at manageable levels, and preventing oversaturation of rental properties.

    Furthermore, the unit to houses ratio treads a favourable path, sitting at an enticing 13%. This suggests a larger presence of houses attracting a demographic possibly seeking longer tenancy terms, which could translate to consistent rental income for the property owners.

    However, a stark reality confronting potential buyers is the suburb’s daunting affordability index, standing at 73 years. This hints at a higher barrier to owning a property outright, which might dissuade certain potential investors.

    In supply terms, Safety Beach indicates promising numbers. stock on market Percentage for houses sets a favourable mark at 0.18%, alongside a lean inventory level of only 0.65 months. Despite the building approvals Ratio teetering slightly above the ideal at 0.31%, raising the threat of increased housing supply, the supply metrics overall suggest a healthy property market.

    Navigating the demand metrics, houses in Safety Beach are found to spend an average duration of 61 days on the market. Paired with a slightly high vacancy rate of 4.01% for both houses and units, it suggests a balance of demand in the area. The buy search index for houses stood neutral at a value of 5, indicating average interest from potential buyers.

    In conclusion, Safety Beach presents a fairly favourable market for property investors, offering a diverse set of attributes suited to different investment strategies. Stay alert to the Relative Composite Score developed by HtAG Analytics for a consolidated view of over 80 metrics, to keep you informed amidst the dynamic 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.

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