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Beaufort suburb profile

Beaufort is a charming rural town located in Victoria, approximately 160km west of Melbourne. Known for its picturesque landscapes and welcoming community, Beaufort offers a peaceful lifestyle with a touch of country charm. The town is surrounded by natural beauty, including nearby forests and lakes, making it ideal for outdoor enthusiasts. Beaufort's historic buildings and local events reflect its rich heritage and community spirit. With essential amenities, schools, and a strong sense of community, Beaufort provides a tranquil yet connected environment for residents seeking a serene country lifestyle.

Beaufort property market performance

Beaufort's property market has shown some growth over the past 12 months, with house values increasing by 8.6%. However, the median house price remains at $0, indicating a lack of recent sales data or transactions. The unit market has seen no change in value, with no units sold in the past year, reflecting limited activity in this segment.

Sales activity for houses has been minimal, with only 8 houses sold over the last 12 months. The median days on market for houses is 71, suggesting a slower pace in buyer interest. The unit market remains inactive, with no units sold or listed in recent months.

The rental market for houses in Beaufort has seen a slight increase, with average rent rising by 1.3% to $400 over the last 12 months. The unit rental market remains inactive, with no available data on unit rents or changes.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
8.6%N/A
Sold
Past 3 months
8N/A
Median days on market
Past 12 months
71N/A
Average rent
Past 12 months
$400N/A
Change in rent
Past 12 months
1.3%N/A

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Beaufort demographics

Beaufort, a charming rural town in Victoria, offers a serene lifestyle with a strong sense of community. With a population of 1,712, it is a close-knit community where residents enjoy the tranquility of country living. The median age of 51 indicates a mature population, with many long-term residents and retirees who appreciate the peaceful environment and slower pace of life.

The town's housing landscape is characterized by a high rate of outright home ownership, with 51.2% of properties owned outright. This reflects the stability and long-term commitment of its residents to the area. Additionally, 31% of homes are owned with a mortgage, while only 17.8% are rented, indicating a strong preference for home ownership among the community.

Family structures in Beaufort are diverse, with 31.1% of families being couples with children and 49.3% being couples without children. One-parent families make up 17.8% of the community, highlighting the town's inclusive nature. The median total household income of $1,031 per week suggests a modest but comfortable living standard, typical of rural settings. Beaufort's appeal lies in its blend of community spirit, affordability, and the natural beauty of the surrounding countryside, making it an ideal location for those seeking a peaceful and fulfilling lifestyle.

Beaufort infrastructure, key developments and investment opportunities

Beaufort remains a small but well-serviced regional centre, with established education facilities including a primary school, secondary college and kindergarten supporting its appeal to families and long-term residents.[2] Local amenities such as the community resource centre, health service, cafes, golf and bowls club and nearby recreation areas contribute to day-to-day livability, which underpins steady property demand rather than speculative growth.[2]

There are currently no widely reported major new infrastructure projects, transport upgrades or large-scale rezoning initiatives specific to Beaufort that are expected to significantly alter the property market in the short term. In the absence of major new developments, market performance is likely to be driven by broader regional trends, local employment conditions and ongoing demand for affordable housing in a well-serviced country town setting.

Beaufort rental market trends

The rental market in Beaufort has experienced modest growth, with house rents increasing by 1.3% over the past year to $400 per week. Unit rents have remained unchanged, reflecting a stable market for this property type. Beaufort offers a quiet lifestyle with potential for future growth, appealing to those seeking affordability and tranquility.

Suburbs near Beaufort

Some popular suburbs near Beaufort include:

Common questions about Beaufort

  • Is Beaufort a nice place to live?

    Beaufort is a delightful rural town that offers a serene and peaceful lifestyle, perfect for those who appreciate the charm of country living. Nestled amidst picturesque landscapes, this charming suburb is known for its welcoming community and rich heritage. The town's vibe is one of tranquility and connection, with a strong sense of community spirit that makes it a wonderful place to call home. Families will find Beaufort particularly appealing, thanks to its established education facilities, including a primary school, secondary college, and kindergarten, which cater to the needs of young children and teenagers alike.

    In terms of amenities, Beaufort is well-equipped with essential services and local attractions. Residents can enjoy leisurely days at the cafes, golf and bowls club, or explore the nearby recreation areas that offer plenty of opportunities for outdoor activities. The town's safety and low crime rates contribute to its appeal, providing peace of mind for families and retirees who seek a secure environment. While Beaufort may not have the bustling nightlife or rapid development of larger urban centers, its charm lies in its stability and the strong commitment of its residents to the area.

    Living in Beaufort does come with some trade-offs. The town's rural setting means that it lacks the extensive infrastructure and transport options found in more urbanized areas. However, this is balanced by the affordability and quality of life that Beaufort offers. For those who value a slower pace and the beauty of nature, Beaufort is an ideal choice. The town's modest yet comfortable living standard, combined with its community spirit and natural surroundings, make it a truly nice place to live for families and individuals seeking a fulfilling lifestyle away from the hustle and bustle of city life.

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  • Is it expensive to live in Beaufort?

    Living in Beaufort is relatively affordable compared to many other areas in Victoria. With the median house and unit prices currently not available, the focus shifts to the rental market. The average rent for houses in Beaufort is around $400 per week, which is quite reasonable when compared to larger urban areas. This makes Beaufort an attractive option for those looking to rent in a more rural setting without the hefty price tag associated with city living.

    The average wage in Beaufort is approximately $64,000 per year. When considering the median total household income of $1,031 per week, it aligns reasonably well with the average wage, suggesting that the cost of living, particularly in terms of housing, is manageable for many residents. This balance between income and living expenses makes Beaufort an appealing choice for individuals and families seeking a more budget-friendly lifestyle while still enjoying the benefits of a close-knit community.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Beaufort a good place to invest?

    Beaufort presents a unique investment opportunity, especially for those looking at the housing market. Over the past year, the suburb has experienced a notable 8.6% increase in median house values, indicating a strong demand and potential for capital growth. This growth is particularly impressive given the broader market conditions, suggesting that Beaufort is becoming an increasingly attractive location for buyers.

    While the unit market has remained stable with no change in median values or rent, the housing market's performance highlights the suburb's appeal. The modest 1.3% increase in house rents suggests a steady rental market, which can be appealing for investors seeking consistent rental income. Beaufort's charm lies in its balance of growth potential and stability, making it a solid choice for those looking to invest in a suburb with a promising future.

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