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Beecroft Suburb Insights
VICLocation Information
Suburb Name
Beecroft, VIC
Distance from CBD
11.5 kmDemographics
Population
9,396
Median Income
$47,112
Area Information
Area
5.12 km²
Population Density
1835 people/km²
Property Market
Median Price
$1,100,995
Annual Growth
+16.8%Property Price Trend Analysis
Current Median Price
$1,100,995
Annual Growth
+16.8%
Quarterly Growth
+4.9%
Price Trends - Last 6 Months
2024-01
$641,611
+6.3%2024-02
$870,325
+10.8%2024-03
$566,808
+7.9%2024-04
$1,039,626
+13.1%2024-05
$887,264
+9.1%2024-06
$724,523
+18.2%Property Type Price Analysis
House
Median Price
$1,660,341
Growth Rate
+11.1%Available Listings
256 properties
Apartment
Median Price
$578,737
Growth Rate
+18%Available Listings
619 properties
Townhouse
Median Price
$480,442
Growth Rate
+15.8%Available Listings
182 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