Question 1

Is Beaconsfield a nice place to live?

Accepted Answer

Beaconsfield has a village atmosphere centred on a compact main street of cafés, local shops and services, with tree-lined residential streets and a mix of weatherboard cottages, brick family homes and some rural-residential blocks. The suburb backs onto pockets of bushland and creeks, giving easy access to walking trails and open space, and is served by Beaconsfield station on the Pakenham line for rail links to the city. Sporting reserves and local clubs add everyday recreation close to home.

Home to 7,267 people with a median age of 39, Beaconsfield is dominated by couple families with children (57.1%) and most homes are owner-occupied (83.1%). It is well suited to families and buyers seeking a quieter, community-minded suburb. Ongoing local planning and improvements, including a precinct plan, station accessibility upgrades, playground renewal and a reserve masterplan, mean attention is being given to the town centre and open space; whether it suits you comes down to what you want from a suburb.

Question 2

Is it expensive to live in Beaconsfield?

Accepted Answer

Buying a house in Beaconsfield works out to about 8.1 times a typical local household's annual income at the last Census. That comes from the median house price of $957,000 and a local weekly household income of $2,279 (annualised as $2,279 × 52).

Rents sit lower as a share of that local income: a house rent of $620 a week is about 27.2% of a typical local household's weekly income at the last Census, and a unit rent of $500 a week is about 21.9%. On these figures, renting would take a moderate share of a typical local household income at the last Census, while buying a house is a higher multiple of annual local income — whether that feels expensive depends on your own income and 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

Unit values in Beaconsfield climbed 14.0% over the past year, a strong rise, while unit rents increased 9.9%, a solid gain. By contrast, house values rose 8.7% (a solid increase) and house rents edged up 3.3% (a modest rise).

Put simply, the unit side of the market delivered the larger moves on both capital growth and rental income over the year, while houses rose more moderately. Which of those outcomes matters to you will depend on whether you prioritise capital growth or rental income and on your own circumstances.

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	$957K	N/A
Change in value Past 12 months	8.7%	14.0%
Sold Past 3 months	27	8
Median days on market Past 12 months	30	24
Average rent Past 12 months	$620	$500
Change in rent Past 12 months	3.3%	9.9%

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