St Andrews Beach is a small community in Victoria within the Mornington Peninsula local government area (postcode 3941). With a population of 974, the suburb has an established demographic with a median age of 44. Households earn a median income of $100K per year, with an average household size of 2.6 people. The most common occupations are professionals, technicians & trades, managers. The top ancestries reported are English, Australian, Irish.
The median house price in St Andrews Beach is $1.5 million, having risen modestly 1% over the past year. The median weekly rent is $360 (Census 2021). This gives a gross rental yield of approximately 1.2%. The median monthly mortgage repayment is $2,000.
Public transport access includes 7 bus stops. The crime rate in the Mornington Peninsula LGA is moderate at 7,089 incidents per 100,000 population.
From an investment perspective, St Andrews Beach offers a gross rental yield of 1.2%, rated as low yield. Property prices are above the state median ($1.5M/$875K), placing it in the premium segment. The price-to-income ratio of 15.3x is considered stretched. House prices have moved +1.0% year-on-year.
St Andrews Beach is a small community in Victoria within the Mornington Peninsula local government area (postcode 3941). With a population of 974, the suburb has an established demographic with a median age of 44. Households earn a median income of $100K per year, with an average household size of 2.6 people. The most common occupations are professionals, technicians & trades, managers. The top ancestries reported are English, Australian, Irish.
The median house price in St Andrews Beach is $1.5 million, having risen modestly 1% over the past year. The median weekly rent is $360 (Census 2021). This gives a gross rental yield of approximately 1.2%. The median monthly mortgage repayment is $2,000.
Public transport access includes 7 bus stops. The crime rate in the Mornington Peninsula LGA is moderate at 7,089 incidents per 100,000 population.
From an investment perspective, St Andrews Beach offers a gross rental yield of 1.2%, rated as low yield. Property prices are above the state median ($1.5M/$875K), placing it in the premium segment. The price-to-income ratio of 15.3x is considered stretched. House prices have moved +1.0% year-on-year.