Question 1

Is Beaconsfield a nice place to live?

Accepted Answer

Beaconsfield is a compact inner-south Sydney pocket where older terraces and cottages sit alongside low-rise apartment conversions, a reminder of its light industrial past. It has a quietly residential, neighbourly character that tends to attract young professionals and small families, and it suits people who want an inner-city lifestyle without high-rise density.

Local cafés, small shops and pocket parks cover day-to-day needs, and council facilities include the Beaconsfield Community Centre, Beaconsfield Park and the Ted McDermott Tennis Centre. The nearby Green Square town centre and station are the main hub for larger shopping and transport, and the suburb is part of the City of Sydney’s Green Square urban renewal area. Beaconsfield has 1,172 residents, a median age of 33 and a median household income of $3,061 a week, with housing roughly evenly split between owner-occupiers (50.8%) and renters (49.2%).

Question 2

Is it expensive to live in Beaconsfield?

Accepted Answer

Renting in Beaconsfield would take a noticeable slice of local incomes as recorded at the most recent Census. A house rented at $1,200 a week would be about 39.2% of a typical local household's weekly income at the last Census, a sizeable share, while a unit at $850 a week would be about 27.8% of that income, a moderate share. On these figures, renting a house looks considerably more stretched against local incomes than renting a unit; whether that feels expensive depends on your own circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Beaconsfield a good place to invest?

Accepted Answer

Over the past 12 months in Beaconsfield, median house values fell 6.6%. Rents moved the other way: house rents rose a modest 4.3% while unit rents increased a solid 6.2%, so the rent a unit earns has been the stronger performer this year compared with house rent.

In plain terms, the figures point to a year where house capital values declined while rental income for both property types grew. If rental income is your priority, the rent changes are the most relevant numbers; if capital growth is what matters, the house value change is the figure to note. Whether that mix fits your goals and circumstances is for you to judge.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	-6.6%	N/A
Sold Past 3 months	2	1
Median days on market Past 12 months	N/A	N/A
Average rent Past 12 months	$1200	$850
Change in rent Past 12 months	4.3%	6.3%

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