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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's population, as of August 2025, is approximately 14,431. This figure represents an increase of 410 people since the 2021 Census, which recorded a population of 14,021. The growth is inferred from ABS data indicating an estimated resident population of 14,423 as of June 2024 and 69 additional validated new addresses post-Census. This results in a population density of 2,417 persons per square kilometer, placing Beaumaris in the upper quartile nationally according to AreaSearch assessments. The area's 2.9% growth since the Census is within 2.3 percentage points of its SA3 region (5.2%), indicating competitive growth fundamentals. Overseas migration was the primary driver of population growth during recent periods.
AreaSearch projections for Beaumaris are based on ABS/Geoscience Australia figures released in 2024, using a base year of 2022. For un-covered areas, VIC State Government's Regional/LGA projections from 2023 are used with adjustments made via weighted aggregation of population growth from LGA to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. Based on these projections, Beaumaris is expected to experience a population increase just below the median statistical area nationally, growing by approximately 1,138 persons to reach around 15,569 by 2041, representing a total gain of about 7.8% over the 17-year period.
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. Development approval data is produced by the ABS on a financial year basis. Over the past five financial years, from FY21 to FY25, around 310 homes have been approved. By May 2026, four dwellings had already received approval in that financial year.
On average, over these five years, there were approximately 0.1 new residents per dwelling constructed annually. This suggests supply is meeting or exceeding demand, offering more buyer choices and supporting potential population growth beyond projections. The average expected construction cost of new dwellings is $951,000, indicating a focus on the premium segment with upmarket properties. In the current financial year, $22.1 million in commercial development approvals have been recorded, suggesting balanced commercial development activity in Beaumaris compared to Greater Melbourne, where there is significantly more development activity (55.0% above the regional average per person). Recent construction comprises 45.0% standalone homes and 55.0% attached dwellings, demonstrating a shift towards higher-density living to create more affordable entry points for downsizers, investors, and first-home buyers. This change reflects reduced availability of development sites and addresses shifting lifestyle demands and affordability requirements.
The location currently has approximately 259 people per dwelling approval, indicating a low density market. Looking ahead, Beaumaris is projected to grow by 1,129 residents through to 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
Ten projects have been identified by AreaSearch as potentially impacting the area, with key ones including Beaulieu Beachfront Apartments, Beaumaris Art Group Studios Renewal, 165-167 Tramway Parade Townhouses, and Beaumaris Concourse Placemaking Project. The following list details those likely to be most relevant.
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Frequently Asked Questions - Infrastructure
Frankston Line Level Crossing Removal Program
The program involves removing all dangerous and congested level crossings on the Frankston railway line to enhance safety, alleviate traffic congestion, and facilitate more frequent train services. It plans to eliminate 27 level crossings by 2029, with significant progress including 20 removals by 2025 and construction of new stations.
Frankston Line Level Crossing Removals (Frankston Line, LXRP)
Victorias Big Build program to remove all remaining level crossings on the Frankston Line by 2029, with new stations at Highett, Mordialloc, Aspendale and Seaford and associated open space and active transport links. Recent works include completed removals and new stations at Parkdale and Glen Huntly, and major works ramping up at Mordialloc and Aspendale.
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.
Beaulieu Beachfront Apartments
Boutique beachfront development at 16-17 Beach Road featuring 9 luxury apartments with bay views. Mix of 2 and 3 bedroom residences across 2 storeys.
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. As of June 2025, the unemployment rate is 2.4%.
Over the past year, employment stability has been relative. In June 2025, 7,854 residents are employed while the unemployment rate is 2.2% lower than Greater Melbourne's rate of 4.6%. Workforce participation is similar to Greater Melbourne's 64.1%. Employment concentrations include professional & technical, health care & social assistance, and education & training.
Notably, professional & technical employment is at 1.4 times the regional average. Conversely, transport, postal & warehousing shows lower representation at 2.6% versus the regional average of 5.2%. Local employment opportunities appear limited based on Census working population vs resident population data. Over June 2024 to June 2025, employment increased by 0.1% while labour force rose by 1.4%, causing unemployment to rise by 1.3 percentage points. In comparison, Greater Melbourne saw employment grow by 3.5%. State-level data from Sep-25 shows VIC employment grew by 1.08% year-on-year. National employment forecasts from May 2025 project a 6.6% expansion over five years and 13.7% over ten years. Applying these projections to Beaumaris's 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 latest postcode level ATO data for financial year 2022 shows Beaumaris had a median taxpayer income of $63,751 and an average income of $113,684. These figures place Beaumaris in the top percentile nationally, compared to Greater Melbourne's median and average incomes of $54,892 and $73,761 respectively. Based on a 10.11% Wage Price Index growth since financial year 2022, estimated incomes for March 2025 would be approximately $70,196 (median) and $125,177 (average). The 2021 Census ranks Beaumaris' household, family, and personal incomes between the 82nd and 93rd percentiles nationally. Income analysis reveals that 33.8% of Beaumaris residents earn over $4,000 annually (4,877 individuals), contrasting with the region where the $1,500 - $2,999 bracket leads at 32.8%. The district demonstrates significant affluence, with 45.7% earning over $3,000 per week. After housing costs, residents retain 87.0% of income, reflecting strong 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 per the latest Census evaluation in Beaumaris, dwelling structures consisted of 78.8% houses and 21.2% other dwellings (semi-detached, apartments, 'other' dwellings). This compares to Melbourne metro's 62.6% houses and 37.4% other dwellings. Home ownership in Beaumaris stood at 49.3%, with the remaining dwellings either mortgaged (37.6%) or rented (13.1%). The median monthly mortgage repayment was $3,000, aligning with Melbourne metro's average. Weekly rent median was $612, compared to Melbourne metro's $520. Nationally, Beaumaris's mortgage repayments were significantly higher than the Australian average of $1,863, while 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 at 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
Beaumaris has a notably high level of educational attainment among its residents aged 15 and above. 44.7% hold university qualifications, which is higher than the Australian average of 30.4% and the Victorian average of 33.4%. This significant educational advantage positions Beaumaris favourably for knowledge-based opportunities. Bachelor degrees are the most common 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 and above, with advanced diplomas making up 12.3% and certificates 11.8%. Educational participation is high in Beaumaris, 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. The four schools in Beaumaris have a combined enrollment of 2,168 students. Beaumaris demonstrates significant socio-educational advantages and academic achievement, with an ICSEA score of 1135. Education provision is balanced with three primary schools and one 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
Beaumaris has 75 active public transport stops, all of which are bus stops. There are nine different bus routes operating in the area, collectively offering 1603 weekly passenger trips. The accessibility of these services is rated as excellent, with residents typically living just 184 meters from their nearest stop.
On average, there are 229 trips per day across all routes, which works out to approximately 21 weekly trips per individual 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 of health metrics shows strong performance throughout Beaumaris with very low prevalence of common health conditions across all age groups. The rate of private health cover is exceptionally high at approximately 78% of the total population (11,184 people), compared to the national average of 55.3%.
The most common medical conditions in the area are arthritis and asthma, impacting 7.4 and 7.0% of residents respectively. A total of 72.6% of residents declared themselves completely clear of medical ailments, which is slightly higher than the 72.0% across Greater Melbourne. Beaumaris has a higher proportion of residents aged 65 and over at 25.1% (3,626 people), compared to the 22.9% in Greater Melbourne. Health outcomes among seniors are particularly strong, performing even better than 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 had cultural diversity above the average, with 10.8% speaking a language other than English at home and 24.4% born overseas. Christianity was the predominant religion in Beaumaris, at 49.7%. Notably, Judaism was overrepresented compared to Greater Melbourne, comprising 0.7% versus 3.1%.
Regarding ancestry, the top groups were English (30.3%), Australian (23.5%), and Irish (10.0%). Some ethnic groups had notable divergences: South African at 0.9% in Beaumaris compared to 0.8% regionally, Greek at 2.9% versus 2.9%, and Russian at 0.5% compared to 0.9%.
Frequently Asked Questions - Diversity
Age
Beaumaris hosts an older demographic, ranking in the top quartile nationwide
Beaumaris has a median age of 48 years, which is significantly higher than Greater Melbourne's average of 37 years and Australia's national median of 38 years. The age profile shows that residents aged 55-64 are particularly prominent, making up 15.3% of the population, while those aged 25-34 make up only 4.4%. Between 2021 and now, the 15-24 age group has increased from 12.9% to 15.1%, and the 75-84 cohort has grown from 7.3% to 9.3%. Conversely, the 45-54 age group has declined from 17.1% to 15.7%, and the 35-44 age group has decreased from 9.5% to 8.3%. By 2041, Beaumaris' population is projected to change significantly. The 75-84 cohort is expected to grow by 43%, adding 574 residents and reaching a total of 1,922. Residents aged 65 and above will drive 97% of the population growth, indicating a trend towards demographic aging. Meanwhile, population declines are projected for the 35-44 age group and those aged 0 to 4 years.