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Beaconsfield, VIC 3807

Home » VIC Real Estate Data » Cardinia Shire, VIC » Beaconsfield, VIC 3807

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, VIC 3807 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

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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, VIC 3807”

  1. The total adult population (15 years or older) of Beaconsfield 3807 VIC is 5,854, with a median age of 39. Of those, 53.72% are married, 9.96% are divorced or separated, 33.00% are single and 3.23% are widowed.

    The average household size is 2.9 people per dwelling, and the median household monthly income is estimated to be $10,448. The median monthly mortgage repayment for households in this suburb is $2,000 which is 19.14% of their earnings.

    Source: ABS Census Data (2021)

  2. Situated in the heart of VIC, the suburb of BEACONSFIELD 3807 is home to an estimated 2,892 households. As we dive into the third quarter of 2023, the typical property price for houses sits at $998,504, with a corresponding median weekly rent of $488. These factors produce an indicative yield of 2.54%, which slightly falls below the widespread preference for yields above 3%.

    The IRSAD score reveals a robust socio-economic standing at 1044 out of the maximum 1217. This favourable score indicates that residents generally belong to higher-income brackets and have good access to economic resources.

    Investors evaluating rental markets will also be pleased with the suburb’s prevailing renter-to-owner ratio, which stands at a low 17%. This ratio highlights that the market is not oversaturated with rental properties, an attractive quality for property investors seeking lower competition and relatively higher returns over the long term.

    An additional alluring aspect is the low units-to-houses ratio of 10%, positioning BEACONSFIELD 3807 as an area dominated by individual houses — a characteristic often attractive to families seeking longer leases. This balance reduces the risk of rental oversupply and subsequent downward pressure on prices often associated with unit dominated areas.

    However, the affordability index of 37 years indicates that the typical family will need an extended period to fully own a home – as compared to the standard 30-year mortgage. This may slightly decrease the area’s desirability amongst potential buyers.

    Examining the supply metrics, the stock on market percentage is balanced at 0.51%, falling in the neutral range. The inventory level of 1.81 months suggests a favourable low supply market, indicating a healthy absorption rate for new listings.

    However, with a considerable building approvals ratio of 15.35%, there’s potential for increased supply. While this could cool the market in the future, it isn’t necessarily a deterrent for investors given the strength of the other metrics.

    The average days a property spends on the market in BEACONSFIELD 3807 is 47, implying a steady demand. Meanwhile, with a combined vacancy rate of 2.91% for both houses and units, the demand sits in the neutral range. Lastly, the buy search index of 5 concurs with state and city averages, indicating reasonable buyer interest.

    In light of these statistics, BEACONSFIELD 3807 presents a mixed yet generally favourable landscape for property investors. It’s crucial to continuously monitor the property data trends to spot potential opportunities for beneficial investments, considering not only the current metrics but also their evolving direction.

    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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