Beechworth

Beechworth, VIC 3747 is a quaint suburb with a total population of 4,274 residents. The demographic profile skews towards younger and older age groups, with a significant number of professionals, technicians, and community service workers. Residents have a variety of commuting options, with a notable percentage working from home. The suburb boasts an ICSEA Percentile of 68.5 for government schools, indicating a relatively high educational advantage for students. For house investors, Beechworth presents opportunities with a good number of properties available and a stable rental market. The suburb's high median household income suggests a strong economic base. The social housing ratio is low, indicating a predominance of privately owned properties. House prices have shown resilience with a positive growth rate over a 5-year period. Unit investors can expect consistent rental yields, though the market is less competitive compared to houses. Beechworth, VIC 3747 offers a comfortable lifestyle with a mix of educational and occupational diversity. The suburb is more suited to house investors due to a larger market size and potential for solid returns. Unit investors can still find opportunities, particularly in stable rental yields. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022