beaumaris

3193, Victoria

Real Estate & Property Information

Median
Price Rank
35

beaumaris Suburb Profile & Review

Beaumaris is a picturesque bayside suburb in Melbourne's south-east. It is located forty minutes from the city centre. The Ricketts Point Marine Sanctuary is a particularly popular stretch of beach in the area. Its secluded caverns and shoreside rock pools provide families with hours of entertainment. The stylish Rickett's Point Teahouse, which has been part of the nature reserve for over fifty years, is a perfect starting point for users of the Coastal Artists Walk along Port Phillip Bay.

Restaurants and cafes can be found on Beach Road overlooking Beaumaris Bay. The Beaumaris, a terrace restaurant, mixes the Mediterranean with a good old-fashioned pub atmosphere, while Vincent's Cafe Restaurant is a cosy, child-friendly eatery with private function rooms. The Concourse Shopping Centre on Reserve Road and the Seaview Shops on Balcombe Road are the area's two main shopping strips.

The Beaumaris campus of Sandringham College caters to year 7-10 students, while a senior school can be found in nearby Sandringham. There are also three primary schools in the area: Beaumaris Primary School, Beaumaris North Primary School and Stella Maris Primary School. Four different bus routes whisk residents to Cheltenham, Mentone and Sandringham railway stations, which connect to the City Loop on the Sandringham line.

beaumaris Demographic Data

$ 1,050,000 Median House Price

36 Minutes Average Commute

44 Median Age

12,829 Population

51.38 % Female

48.62 % Male

3632 NO OF FAMILIES

1.9 AVG CHILDREN PER FAMILY

0.9 AVG MOTOR VEHICLE PER DWELLING

What this means

The following data, without any explanation, is just that, raw data. So in order to help you research the property market, we have outlined what this demographic and real estate information means and how it can be interpreted to help you make a smarter decision when buying or selling your next house or unit in beaumaris, Victoria.

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beaumaris Demographic Data

The demographic data below has been supplied by the Australian Bureau of Statistics (ABS), which is a government body. It is based on Census data collected every 5 years on the Australian population. Although it is dated 2011, this is the latest data available and should give property investors, property buyers and sellers a very good idea when researching or reviewing their suburb.

It’s important to note when looking at this data that you don’t just use it on its own. Consider this demographic and real estate data as a whole and seek advice from a professional when thinking of buying or selling your next property.

beaumaris Median House Prices

  • 2008 $ 897,500
  • 2009 $ 980,000
  • 2010 $ 916,500
  • 2011 $ 1,105,000
  • 2012 $ 1,050,000

What this means

Median values are the most accepted measure of property values in the real estate industry in Australia. The median is the midpoint (the middle) figure when all the sold property prices over a particular period of time are ordered from their lowest to their highest value.

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beaumaris 5 Year Median House Prices

Here we have outlined the median value for all sales for each year over a period of 5 years. This is a more realistic timeframe when gauging how houses and units in beaumaris have performed, and it usually indicates how they will perform in the future.

Median values less than 3 months old are often not always accurate (due to incomplete data) and therefore cannot be relied upon for long-term beaumaris property price predictions.

beaumaris Market Property Types

  • 83 % Seperate House
  • 13 % Semi Detached
  • 4 % Flat or Unit
  • 1 % Other Dwelling

What this means

The property type in your suburb will help you identify the density of the area. The greater the number of flats, units and apartments, the more likely it is the suburb has a higher density of living and occupants are more reliant on public transport, cafes, restaurants, convenience stores and amenities, infrastructure and less reliant on their own vehicle for transport.

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beaumaris Market Property Types

Typically, inner city suburbs within 10km of the CBD are comprised of apartments and semi-detached homes, while middle ring suburbs have semi-detached and detached properties. Rural properties would most likely fall under the “other” category.

This ABS Property Type data combined with Population Density and Family Composition figures gives a good indication of the type of people living in an area and therefore what type of property (1-2 bed apartment or house) would be an ideal investment or property to live in.

beaumaris Income & Mortgage Stats

  • $ 1,907 Median Weekly Household Income
  • $ 2,383 Median Monthly Mortgage

What this means

This is one of the most compelling statistics in this section because it has a profound impact on real estate prices. It should always be considered when buying or selling property in beaumaris

Experts believe mortgage stress occurs in real estate when property owners are spending over 30% of their gross income on their mortgage repayments. These figures show weekly income and monthly mortgages.

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beaumaris Income & Mortgage Stats

To calculate the percentage of income paid towards a mortgage for the suburb of Melbourne, multiply the mortgage payment (e.g. $2450) by 12 then divide this figure by the weekly income (e.g. $1200) multiplied by 52 (weeks) to look like this ($2450 x12/$1200 x 52) x 100 = 47%

Any figure above 30% usually indicates that the suburb you intend to buy in may have property owners with a high incidence of mortgage stress. In terms of maintaining or growing property values in the future and trying to secure a strong property price when selling, this could have an impact, especially in an economic or local industry downturn.

beaumaris Sold Property Prices

beaumaris Real Estate Experts

In each suburb we have identified real estate agents who are active local experts. Our goal is to have a network of real estate agents that have been reviewed by previous clients for future buyers and sellers to rely on when making their next property move or even when they just wanting real estate advice.

beaumaris Related Local Blog Posts

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Much of Australia’s history and success has been built on the back immigration but are the current intake levels too high and how are they impacting prices?

Hangover Stock Brings About Buying Opportunities

This week Melbourne’s auction market has been tested with over 1200 properties reportedly going under the hammer over the weekend. Although both Domain and the REIV show clearance rates at nearly 70%, this on the surface seems good but in actual fact is 10% down for the same time last year. Speaking to a number of agents around town confirms….

Where is The Property Market Heading?

There has been a lot of “white noise” surrounding the Sydney and Melbourne property market over the last few months and it has taken me a while to determine which way things were actually going to go. Is the Australian property market heading down the gurgler or is this just a glitch?

Property Market Trends in Melbourne Which Could Affect Prices

In this final edition we look at what how the Melbourne property market has fared and what whether we are likely to see any changes in property prices, demand for property and economic drivers.

New Research Shows Consumers Who Don’t Own A Home Could Be Worse Off in Retirement

New Research released last week by Roy Morgan shows that people who don’t own a home have become worse off in terms of their net wealth and are jeopardising their retirement.

Is Australian Housing Heading for a Hard Landing or a Financial Cliff?

From my experience and talking with real estate agents the Melbourne market has softened no doubt, but are we heading towards a financial cliff?

beaumaris Restaurants

  • Vincent's Cafe Restaurant468 Beach Road beaumaris VIC 319303 9589 3161
  • The Beaumaris472 Beach Rd beaumaris VIC 319303 9589 3251
  • Six Keys6 Keys St beaumaris VIC 319303 9589 2627

beaumaris Cafes

  • Watkins Bay Coffee Trading Company326 Balcombe Rdbeaumaris VIC 319303 9589 1623
  • Vincents Cafe Restaurant468 Beach Roadbeaumaris VIC 319303 9589 3161
  • Rickett's Point Beachside Cafe420 Beach Roadbeaumaris VIC 319303 9589 3040

beaumaris Schools

  • Stella Maris Primary School113 Oak Streetbeaumaris VIC 3193(03) 9589 2641Catholic Primary School
  • Sandringham College117 Reserve Rdbeaumaris VIC 3193(03) 9589 1820Special Education Units
  • Beaumaris Primary School79/99 Dalgetty Roadbeaumaris VIC 3193(03) 9589 2619State Primary School

beaumaris Childcare

  • ABC Learning Centre4 Emily Streetbeaumaris VIC 3193
  • Minnows ELC132 Reserve Rdbeaumaris VIC 3193
  • Elliniki ELC98 Cromer Rdbeaumaris VIC 3193

beaumaris Kindergarten and Preschools

  • Beaumaris Three Year Old KinderCnr Dalgetty Rd & Gibbs Stbeaumaris VIC 3193
  • East Beaumaris Kindergarten60 Wells Roadbeaumaris VIC 3193
  • Elliniki ELC98 Cromer Rdbeaumaris VIC 3193

beaumaris Sporting Centres and Clubs

  • Beaumaris Motor Yacht Squadronbeaumaris VIC 3193Boating Club
  • Beaumaris Yacht Clubbeaumaris VIC 3193Boating Club
  • Beaumarisbeaumaris VIC 3193Bowling Club

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