First Home Buyer Guide — Beaumaris 2026

Beaumaris sits in Melbourne’s bayside — a suburb that runs creative, walkable, authentic. Here’s what the numbers and the locals actually say about the property and rental situation.

Rental Prices — Beaumaris 2026

Property Type	Weekly Rent	Monthly	Annual
1-bedroom unit	$434/wk	$1880/mo	$22,568/yr
2-bedroom unit	$641/wk	$2777/mo	$33,332/yr
3-bedroom house	$801/wk	$3471/mo	$41,652/yr

Rents in Beaumaris have held relatively steady compared to 2025. The vacancy rate sits at 3.1%, which is relatively comfortable — take your time choosing.

Property Prices

Property Type	Median Price	12-Month Change
House	$1,336,174	+2.7%
Unit/Apartment	$585,878	+2.5%

Gross rental yield: 3.6% (units tend to yield higher than houses in Beaumaris).

Who Lives Here

Beaumaris attracts a mix of young professionals and established families. The suburb is known for Beaumaris local shops, community feel, suburban lifestyle.

Average resident profile:

Age: Predominantly 25-40
Household: Mix of singles, couples, and families
Income: Around metro median

Renting Tips for Beaumaris

Apply fast. Good properties in Beaumaris get 20-40 applications. Have your documents ready: 100 points of ID, recent payslips, rental history, references.
Inspect in person. Photos lie. Check water pressure, phone reception, natural light at the time of day you’d actually be home. Open the cupboards. Flush the toilet.
Look beyond Lygon Crescent. The main strip is where rent premiums hit hardest. One or two blocks back, you get the same proximity for less money.
Know your rights. Victorian tenancy law caps rent increases to once per 12 months. Your landlord must give 60 days notice. Urgent repairs must be addressed within 24 hours (blocked toilet, no hot water, gas leak).
Budget beyond rent. Factor in: utilities ($150-250/month), internet ($70-90/month), contents insurance ($15-25/month), and transport (Public transport options in Beaumaris).

Investment Outlook

Beaumaris is a mature market — don’t expect explosive growth, but it’s stable and liquid. The 3.6% gross yield is around the metro average.

Key factors:

Transport: Public transport options in Beaumaris
Schools: Several well-regarded public and private options
Infrastructure: Level crossing removal and station upgrades underway

Suburb Character & Lifestyle

Beaumaris runs creative, walkable, authentic. The main commercial strip along Lygon Crescent is where most of the daily life happens — cafes, restaurants, and essential services within walking distance for those who live close. The neighbourhood is known for Beaumaris local shops, community feel, suburban lifestyle, which drives both rental demand and property values.

The housing stock is a blend of period homes near the centre and newer estates towards the edges. For renters, the most common options are modern townhouses and villa units. For buyers, the entry point is typically a 2-bedroom unit or apartment at the lower end of the market.

Transport reality: Public transport options in Beaumaris. The commute to the CBD is realistic for daily workers, and most residents report using a combination of public transport, cycling, and driving depending on the trip.

Cost of Living Snapshot

Expense	Typical Cost
Coffee	$4.50-5.50
Brunch	$19-28
Dinner out	$28-45 pp
Pint of beer	$12-14
Cocktail	$19-25
Groceries	$146/wk (couple)
Utilities	$179/mo (1br)
Internet	$70-90/mo (NBN)

The Bigger Picture

Beaumaris has seen consistent demand from owner-occupiers and investors alike, driven by lifestyle amenity and transport links. The suburb is creative, walkable, authentic, which attracts families seeking quality schools and green space.

5-year outlook: Moderate, steady capital growth expected. The fundamentals — location, transport, lifestyle amenity — are solid.

What to watch: New apartment developments may increase supply.

Nearby

Last updated: March 2026. Data sources: Domain, REA Group, SQM Research.

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