Mount Beauty is a small locality in Victoria within the Alpine local government area (postcode 3699). With a population of 910, the suburb has an older-leaning population with a median age of 48. Households earn a median income of $52K per year, with an average household size of 2 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.9% year-on-year at the LGA level. VIC employment has moved +0.9% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. VIC also had 41 Commonwealth-backed major projects under construction, 18 underway, and 24 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, community & personal service, technicians & trades. Employment in the area leans toward healthcare and education. The top ancestries reported are Australian, English, Irish.
The median house price in Mount Beauty is $600,000, having risen solidly by 9.1% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $928.
Mount Beauty is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 1048, which is around the national average of 1,000. Healthcare facilities include 1 public hospital. The crime rate in the Alpine LGA is below average at 3,670 incidents per 100,000 population.
From an investment perspective, Mount Beauty shows a gross rental yield of approximately 3.9%, rated as moderate yield. Property prices are near the state median ($600K/$850K). The price-to-income ratio of 11.6x is considered stretched. House prices have moved +9.1% year-on-year. Population growth of +0.9% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.