Beaumont is a compact suburb in South Australia within the Burnside local government area (postcode 5066). The area has roughly 2,731 residents and a mature demographic, with a median age of 45. Households earn a median income of $134K per year, with an average household size of 2.8 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.7% year-on-year at the LGA level. SA employment has moved +2.1% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. SA also had 23 Commonwealth-backed major projects under construction, 2 underway, and 11 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, clerical & administrative. Employment in the area leans toward healthcare and professional services. The top ancestries reported are English, Australian, Chinese.
Beaumont has a median house price of $1.6 million, which has declined steeply by 18% year-on-year. Units have a median price of $901,000 (-9.9% YoY). The current median weekly rent is $775. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $2,511.
Public transport access includes 7 bus stops. The crime rate in the Burnside LGA is below average at 2,197 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 2.5% (low yield). Property prices are above the state median ($1.6M/$950K), placing it in the premium segment. The price-to-income ratio of 12.1x is considered stretched. House prices have moved -18.0% year-on-year. Population growth of +0.7% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.