Homewise logoHomewise
Back to Suburb Insights

Beaconsfield Suburb Insights

VIC
Location Information

Suburb Name

Beaconsfield, VIC

Distance from CBD

21.8 km
Demographics

Population

987

Median Income

$62,244

Area Information

Area

0.17 km²

Population Density

5806 people/km²

Property Market

Median Price

$920,093

Annual Growth

+14.4%
Property Price Trend Analysis

Current Median Price

$920,093

Annual Growth

+14.4%

Quarterly Growth

+2.4%

Price Trends - Last 6 Months

2024-01

$658,605

+9.9%
2024-02

$1,056,011

+11%
2024-03

$723,658

+9%
2024-04

$646,160

+8%
2024-05

$448,267

+11.4%
2024-06

$1,092,979

+17.8%
Property Type Price Analysis
House

Median Price

$1,775,372

Growth Rate

+6.3%

Available Listings

200 properties

Apartment

Median Price

$659,193

Growth Rate

+15.1%

Available Listings

283 properties

Townhouse

Median Price

$419,492

Growth Rate

+14%

Available Listings

129 properties

Investment Potential Assessment
Investment Advantages
  • Annual growth exceeds 8% - excellent performance
  • Strong quarterly growth momentum
  • Diverse property types available
Considerations
  • Rising prices may affect affordability
  • Monitor interest rate changes
  • Consider long-term investment strategy