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Beecroft Suburb Insights

VIC
Location Information

Suburb Name

Beecroft, VIC

Distance from CBD

11.5 km
Demographics

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