Beveridge VIC

Postcode 3753 · Mitchell LGA

Beveridge is a smaller suburb in Victoria within the Mitchell local government area (postcode 3753). With a population of 4,642, the suburb has a mix of young professionals and families with a median age of 32. Households earn a median income of $118K per year, with an average household size of 3.2 people. The most common occupations are technicians & trades, professionals, clerical & administrative. The top ancestries reported are Australian, English, Italian.

The median house price in Beveridge is $670,000, having increased 3.1% over the past year. The current median weekly rent is $440. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $2,052.

Beveridge is served by 1 school, including 1 primary. The average ICSEA score is 1003, which is around the national average of 1,000. Public transport access includes 9 bus stops. The crime rate in the Mitchell LGA is higher than average at 9,406 incidents per 100,000 population.

From an investment perspective, Beveridge offers a gross rental yield of 3.4%, rated as moderate yield. Property prices are near the state median ($670K/$875K). The price-to-income ratio of 5.7x is considered affordable. House prices have moved +3.1% year-on-year.

INVESTMENT SIGNALS
Rental Yield3.4% Moderate Yield
Price vs State$670K/$875K Near Median
Affordability5.7x Affordable
Price Momentum+3.1% Stable
SEIFA INDEX (ABS)
Advantage7/10
Education6/10
Economic10/10
Disadvantage7/10
MEDIAN HOUSE
$670K
3.1% YoY
MEDIAN RENT /WK
$400
POPULATION
4,642
DEMOGRAPHICS
Median Age32
Household Size3.2
HH Income /wk$2,266
Personal Income /wk$978
Mortgage /mth$2,052
CRIME (Mitchell LGA)
Crime Rate (per 100k)9,406
Total Incidents5,591
TRANSPORT
Bus Stops9
SCHOOLS (1)
Avg ICSEA1003
Total Students753
Government1
Beveridge Primary SchoolPrimary · Government · ICSEA 1003
Data: 2024