Beaconsfield (postcode 3807) is a mid-sized suburb in Victoria within the Cardinia local government area. With a population of 7,267, the suburb has an established demographic with a median age of 39. Households earn a median income of $119K per year, with an average household size of 2.9 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +2.6% year-on-year at the LGA level. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 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, technicians & trades, clerical & administrative. Employment in the area leans toward construction and healthcare. The top ancestries reported are English, Australian, Scottish.
Beaconsfield has a median house price of $900,000, which has dropped significantly by 9.1% year-on-year. Units have a median price of $550,000 (-6.8% YoY). The current median weekly rent is $560. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $2,000.
Beaconsfield is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 1044, which is around the national average of 1,000. Public transport access includes 5 rail stations, 25 bus stops. The crime rate in the Cardinia LGA is moderate at 7,195 incidents per 100,000 population.
On the investment side, Beaconsfield shows a gross rental yield of approximately 3.2%, rated as moderate yield. Property prices are near the state median ($900K/$875K). The price-to-income ratio of 7.6x is considered moderate. House prices have moved -9.1% year-on-year. Population growth of +2.6% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.