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Sales Activity
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Population
An assessment of population growth drivers in Beaumaris reveals an overall ranking slightly below national averages considering recent, and medium term trends
Beaumaris' population was approximately 14,437 as of November 2025. This figure reflects an increase of 416 people since the 2021 Census, which reported a population of 14,021. The change is inferred from ABS data showing an estimated resident population of 14,424 in June 2024 and an additional 71 validated new addresses since the Census date. This results in a population density ratio of 2,418 persons per square kilometer, placing Beaumaris in the upper quartile relative to national locations assessed by AreaSearch. The area's 3.0% growth since the census is within 2.4 percentage points of the SA3 area (5.4%), indicating competitive growth fundamentals. Overseas migration was the primary driver of population gains during recent periods.
AreaSearch adopts ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered by this data, AreaSearch uses VIC State Government's Regional/LGA projections from 2023, adjusted using weighted aggregation methods to SA2 levels. Growth rates by age group are applied across all areas for the years 2032 to 2041 based on these aggregations. According to projected demographic shifts, Beaumaris is expected to grow by just below the median of statistical areas nationwide by 2041, with an anticipated increase of 1,138 persons and a total gain of 7.8% over the 17 years.
Frequently Asked Questions - Population
Development
AreaSearch analysis of residential development drivers sees Beaumaris recording a relatively average level of approval activity when compared to local markets analysed countrywide
Beaumaris has recorded approximately 62 residential properties granted approval annually. Over the past five financial years, from FY-21 to FY-25, around 310 homes were approved, with an additional 12 approved so far in FY-26. The average new resident per year per dwelling constructed over these years is approximately 0.1.
New construction appears to be meeting or exceeding demand, offering buyers more options and potentially enabling population growth that could surpass current expectations. The average value of new properties constructed is around $760,000, indicating a focus on the premium segment by developers. In FY-26, there have been approximately $22.1 million in commercial approvals, suggesting steady commercial investment activity in the area. When compared to Greater Melbourne, Beaumaris shows substantially reduced construction levels, at 55.0% below the regional average per person. This scarcity of new homes typically strengthens demand and prices for existing properties. The current development trend consists of 45.0% standalone homes and 55.0% attached dwellings, representing a shift from the area's existing housing composition, which is currently 79.0% houses.
This trend may indicate decreasing availability of developable sites and reflect changing lifestyles and the need for more diverse, affordable housing options. Beaumaris reflects a low density area, with approximately 259 people per approval. Population forecasts indicate that Beaumaris will gain around 1,123 residents by 2041. At current development rates, new housing supply should comfortably meet demand, providing good conditions for buyers and potentially supporting growth beyond current population projections.
Frequently Asked Questions - Development
Infrastructure
Beaumaris has very high levels of nearby infrastructure activity, ranking in the top 20% nationally
AreaSearch has identified ten projects that could significantly impact the local area's performance due to changes in infrastructure, major projects, and planning initiatives. Notable projects include Beaulieu Beachfront Apartments, Beaumaris Art Group Studios Renewal, 165-167 Tramway Parade Townhouses, and Beaumaris Concourse Placemaking Project. The following list details those projects likely to have the most relevance.
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Frequently Asked Questions - Infrastructure
Cheltenham Precinct Structure Plan - Suburban Rail Loop East
The Cheltenham Precinct Structure Plan guides transit-oriented development around the new underground Cheltenham station on Suburban Rail Loop East. The plan supports approximately 4,500 new dwellings, 11,400 additional residents and 12,000 new jobs by 2041, with mixed-use development, improved public spaces, active transport links and building heights up to 18 storeys.
Frankston Line Level Crossing Removal Program
Victorian Government program to remove all 27 remaining level crossings on the Frankston Line by 2029, delivering a boom-gate-free corridor from Caulfield to Frankston. The project includes rebuilding 19 stations, major rail trench and elevated rail sections, new and upgraded stations at Cheltenham, Mentone, Mordialloc, Aspendale, Seaford and Frankston, plus extensive open space creation and active transport links. As of December 2025, 20 of the 27 crossings have been removed, with major works continuing at Mentone, Cheltenham, Bonbeach and Carrum, and planning advancing for the final stages toward Frankston.
Westfield Southland Ongoing Upgrades
Ongoing multi-stage redevelopment of Westfield Southland, one of Australia's largest shopping centres (129,180mý GLA) with over 400 retailers, major anchors (Myer, David Jones, Harris Scarfe), cinema complex, dining precincts, and direct connection to Southland Railway Station. Current works (commenced 2024-2025) include reconfiguration of department store space, transformation of dining/entertainment precincts (first stage opened June 2025), and David Jones store refresh (reopened late 2025). Total recent redevelopment value approximately $72 million. Serves a trade area of ~602,000 residents with annual retail spend exceeding $10.9 billion (2024).
Beaumaris Concourse Placemaking Project
Council endorsed gateway signage (installed March 2024) and placed the permanent shelter on hold pending submission and funding in the four-year capital works program. The temporary marquee is retained with an annual operating allocation while the permanent structure is considered. The project aims to enhance the village entrance and provide a sheltered gathering place for the Beaumaris Concourse retail precinct.
Beaumaris Secondary College
New state-of-the-art secondary school opened in 2018 with world-class sporting facilities in partnership with Melbourne Cricket Club. Features two elite ovals, synthetic pitch and pavilion.
Beaumaris Art Group Studios Renewal
Heritage-sensitive renovation and expansion of mid-century arts studio to support access and inclusion. Co-designed with Beaumaris Arts Group, heritage and accessibility advisors.
SDA Apartments Beaumaris
Six new one-bedroom Specialist Disability Accommodation apartments on Balcombe Road with onsite overnight assistance, designed to High Physical Support. Delivered by One Place with Adenium Living (SDA provider) and supported by Claro (SIL). Completed September 2025.
Banksia Apartments Cheltenham
Contemporary urban living development at 216-226 Charman Road, Cheltenham. Luxury apartments in heart of growing suburb near Beaumaris.
Employment
The labour market in Beaumaris shows considerable strength compared to most other Australian regions
Beaumaris has a highly educated workforce with professional services well represented. The unemployment rate was 2.4% as of June 2025, below Greater Melbourne's 4.6%.
Workforce participation was similar to Greater Melbourne's 64.1%. Key employment sectors were professional & technical (1.4 times the regional level), health care & social assistance, and education & training. Transport, postal & warehousing showed lower representation at 2.6% compared to the regional average of 5.2%. Employment opportunities locally appeared limited as indicated by Census data.
Between June 2024 and June 2025, employment increased by 0.1%, labour force by 1.4%, raising unemployment by 1.3 percentage points. Greater Melbourne saw higher growth: employment up 3.5%, labour force up 4.0%, with unemployment rising 0.5 percentage points. Jobs and Skills Australia's May 2025 national employment forecasts project a 6.6% increase over five years, 13.7% over ten years. Applying these projections to Beaumaris' employment mix suggests local growth of approximately 6.9% over five years and 13.9% over ten years.
Frequently Asked Questions - Employment
Income
Income metrics indicate excellent economic conditions, with the area achieving higher performance than 75% of national locations assessed by AreaSearch
AreaSearch's aggregation of ATO data for financial year 2022 shows Beaumaris had a median taxpayer income of $63,751 and an average income of $113,684. Nationally, these figures place Beaumaris in the top percentile. In Greater Melbourne, median and average incomes were $54,892 and $73,761 respectively. Based on Wage Price Index growth of 12.16% since financial year 2022, estimated current incomes for September 2025 are approximately $71,503 (median) and $127,508 (average). The 2021 Census shows Beaumaris' household, family, and personal incomes rank between the 82nd and 93rd percentiles nationally. Income analysis reveals 33.8% of Beaumaris residents earn over $4,000 weekly, contrasting with Melbourne's leading bracket of $1,500 - $2,999 at 32.8%. Higher earners in Beaumaris total 45.7%, indicating strong purchasing power. After housing costs, residents retain 87.0% of income, reflecting substantial purchasing power and the area's SEIFA income ranking places it in the 10th decile.
Frequently Asked Questions - Income
Housing
Beaumaris is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership
As of the latest Census, Beaumaris had 78.8% houses and 21.2% other dwellings (semi-detached, apartments, 'other' dwellings), compared to Melbourne metro's 62.6% houses and 37.4% other dwellings. Home ownership in Beaumaris stood at 49.3%, with mortgaged dwellings at 37.6% and rented ones at 13.1%. The median monthly mortgage repayment was $3,000, aligning with Melbourne metro's average. Median weekly rent in Beaumaris was $612, compared to Melbourne metro's $520. Nationally, Beaumaris' mortgage repayments were significantly higher than the Australian average of $1,863, and rents were substantially above the national figure of $375.
Frequently Asked Questions - Housing
Household Composition
Beaumaris features high concentrations of family households, with a higher-than-average median household size
Family households constitute 79.4% of all households, including 41.0% couples with children, 29.9% couples without children, and 7.8% single parent families. Non-family households comprise the remaining 20.6%, with lone person households at 19.9% and group households making up 0.8%. The median household size is 2.7 people, which is larger than the Greater Melbourne average of 2.5.
Frequently Asked Questions - Households
Local Schools & Education
Beaumaris demonstrates exceptional educational outcomes, ranking among the top 5% of areas nationally based on AreaSearch's comprehensive analysis of qualification and performance metrics
Educational attainment in Beaumaris significantly surpasses broader benchmarks. As of a recent report, 44.7% of residents aged 15+ hold university qualifications compared to the national average of 30.4% and the Victorian average of 33.4%. This educational advantage is reflected in the types of qualifications held: Bachelor degrees lead at 29.9%, followed by postgraduate qualifications (10.3%) and graduate diplomas (4.5%). Vocational pathways account for 24.1% of qualifications among those aged 15+, with advanced diplomas making up 12.3% and certificates 11.8%.
Educational participation is notably high, with 30.4% of residents currently enrolled in formal education. This includes 10.5% in secondary education, 9.9% in primary education, and 6.1% pursuing tertiary education. Beaumaris's 4 schools have a combined enrollment reaching 2,168 students as of the latest data available. The area demonstrates significant socio-educational advantages and academic achievement, with an ICSEA score of 1135. Education provision is balanced with 3 primary and 1 secondary school serving distinct age groups.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is moderate compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
Transport analysis shows 75 active transport stops operating in Beaumaris, featuring a mix of bus services. These stops are served by 9 individual routes, collectively offering 1,603 weekly passenger trips. Transport accessibility is rated excellent, with residents typically located 184 meters from the nearest stop.
Service frequency averages 229 trips per day across all routes, equating to approximately 21 weekly trips per stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Beaumaris's residents are extremely healthy with very low prevalence of common health conditions across all age groups
Analysis shows strong health performance across Beaumaris with low prevalence of common conditions across all ages. Approximately 78% of residents have private health cover, compared to the national average of 55.3%.
The most prevalent conditions are arthritis (7.4%) and asthma (7.0%). 72.6% of residents report no medical ailments, similar to Greater Melbourne's 72.0%. Beaumaris has a higher proportion of seniors aged 65 and over at 25.1% (3,628 people) compared to Greater Melbourne's 22.9%. Health outcomes among seniors are notably strong, outperforming the general population in health metrics.
Frequently Asked Questions - Health
Cultural Diversity
The level of cultural diversity witnessed in Beaumaris was found to be above average when compared nationally for a number of language and cultural background related metrics
Beaumaris, surveyed in June 2016, exhibited above-average cultural diversity with 10.8% of its population speaking a language other than English at home and 24.4% born overseas. Christianity was the predominant religion, comprising 49.7%. Judaism, however, was overrepresented at 0.7%, compared to Greater Melbourne's 3.1%.
The top three ancestral groups were English (30.3%), Australian (23.5%), and Irish (10.0%). Notable ethnic group divergences included South African (Beaumaris: 0.9%, Regional: 0.8%), Greek (Beaumaris: 2.9%, Regional: 2.9%), and Russian (Beaumaris: 0.5%, Regional: 0.9%).
Frequently Asked Questions - Diversity
Age
Beaumaris hosts an older demographic, ranking in the top quartile nationwide
Beaumaris's median age is 48 years, significantly higher than Greater Melbourne's average of 37 and Australia's average of 38 years. The age profile shows that those aged 55-64 are particularly prominent at 15.3%, while the 25-34 group is smaller at 4.4% compared to Greater Melbourne. Between 2021 and present, the 15-24 age group has grown from 12.9% to 15.1%, and the 75-84 cohort has increased from 7.3% to 9.3%. Conversely, the 45-54 cohort has declined from 17.1% to 15.7%, and the 35-44 group has dropped from 9.5% to 8.3%. Population forecasts for 2041 indicate substantial demographic changes in Beaumaris. The 75-84 age cohort is projected to grow by 43%, adding 573 residents to reach 1,922. Residents aged 65 and above will drive 97% of population growth, highlighting demographic aging trends. Population declines are projected for the 35-44 and 0-4 age cohorts.