Beaconsfield

Beaconsfield, VIC 3807, is a growing suburb with a diverse age demographic, showing considerable population growth over the past years. The median household income is above average, and the area is popular among families and professionals with a majority of residents within the age groups of 5 to 64 years. The suburb offers various commuting options, with a significant number of residents working from home. For house investors, Beaconsfield presents a steady market with moderate growth potential. The suburb has a healthy absorption rate and consistent demand for rental properties. With a moderate sale price IQR ratio, it may attract renovators looking to add value to properties. Unit investors may find opportunities for higher yields due to lower vacancy rates and good market absorption. The suburb's high room demand-supply ratio could indicate strong potential for unit investment. Beaconsfield, VIC 3807, is a family-friendly suburb with a growing population and above-average income levels. The area appeals to professionals and families, with good commuting options and a significant portion of residents working from home. Investors in both houses and units can find opportunities in Beaconsfield, with steady market conditions and potential for growth in rental yields. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022