Beaufort is a small community in Victoria within the Pyrenees local government area (postcode 3373). With a population of 1,712, the suburb has a mature demographic with a median age of 51. Households earn a median income of $54K per year, with an average household size of 2.1 people. The most common occupations are labourers, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Beaufort is $380,000, having declined 6.2% over the past year. The current median weekly rent is $320. This gives a gross rental yield of approximately 4.4%. The median monthly mortgage repayment is $1,160.
Beaufort is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 976, which is around the national average of 1,000. Public transport access includes 2 rail stations, 1 bus stop. Healthcare facilities include 1 public hospital. The crime rate in the Pyrenees LGA is moderate at 6,576 incidents per 100,000 population.
From an investment perspective, Beaufort offers a gross rental yield of 4.4%, rated as moderate yield. Property prices sit below the state median ($380K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 7.1x is considered moderate. House prices have moved -6.2% year-on-year.
Beaufort is a small community in Victoria within the Pyrenees local government area (postcode 3373). With a population of 1,712, the suburb has a mature demographic with a median age of 51. Households earn a median income of $54K per year, with an average household size of 2.1 people. The most common occupations are labourers, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Beaufort is $380,000, having declined 6.2% over the past year. The current median weekly rent is $320. This gives a gross rental yield of approximately 4.4%. The median monthly mortgage repayment is $1,160.
Beaufort is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 976, which is around the national average of 1,000. Public transport access includes 2 rail stations, 1 bus stop. Healthcare facilities include 1 public hospital. The crime rate in the Pyrenees LGA is moderate at 6,576 incidents per 100,000 population.
From an investment perspective, Beaufort offers a gross rental yield of 4.4%, rated as moderate yield. Property prices sit below the state median ($380K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 7.1x is considered moderate. House prices have moved -6.2% year-on-year.