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Beaumaris Median Prices at an all-time high

Posted on: August 11 2015

Beaumaris residents should feel more than gratified with their choice of neighbourhood, as latest figures indicate the popular Bayside suburb’s median price has skyrocketed to an all-time high of $1.44m*. The REIV statistics soundly reaffirm something locals have known all along – what a fantastic place ‘Beauy’ is to live.

Last year, according to the REIV, the suburb’s median price was $1.22m – this year’s data represents an 18% rise and the figure has almost doubled since 2010.

With a selection of well-regarded schools & close proximity to the city, Beaumaris is a popular choice for families, investors, young buyers and downsizers alike – in fact it appeals to all! Locals can take advantage of the pleasant village-like feel and immeasurable community spirit, while wonderful shops & restaurants are always just a short walk away.

Beaumaris’ coast features a protected marine sanctuary, a multitude of beautiful walking paths, yacht clubs and a safe swimming environment for families of all ages.

Picturesque & leafy, Beaumaris’ family appeal is added to by an array of sporting and community organisations and a low crime rate – topping it off, it is still a relatively affordable beachside locale unlike its more expensive Bayside neighbours.

*See below graph (source: RealestateVIEW)

Beaumaris Median June Qtr 2015

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The Real Estate Institute of Victoria (REIV) has been the peak professional association for the Victorian real estate industry since 1936.

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