Beaconsfield Upper is a compact suburb in Victoria within the Cardinia local government area (postcode 3808). It is home to about 2,997 residents, with a settled mid-life population and a median age of 42. Households earn a median income of $143K per year, with an average household size of 3.2 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 managers, professionals, technicians & trades. Employment in the area leans toward construction and education. The top ancestries reported are Australian, English, Irish.
The median house price in Beaconsfield Upper is $1.2 million, broadly unchanged over the past year. The current median weekly rent is $560. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $2,252.
Beaconsfield Upper is served by 1 school, including 1 primary. The average ICSEA score is 1039, which is around the national average of 1,000. The crime rate in the Cardinia LGA is moderate at 7,195 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 2.4% (low yield). Property prices are above the state median ($1.2M/$875K), placing it in the premium segment. The price-to-income ratio of 8.4x is considered moderate. House prices have moved -0.2% 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.