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Beauchamp vs Elmore

Property investment comparison - Beauchamp, VIC 3579 vs Elmore, VIC 3558

Head-to-head across core investment metrics: Beauchamp wins 2, Elmore wins 1. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricBeauchampElmore
Median house price$480K$485K
Median unit price$220K-
Gross rental yield (houses)-5.37%
Gross rental yield (units)5.98%6.16%
1-year house growth-+12.4%estimate
3-year house growth--
Vacancy rate0.3%1.0%
Population44847

Beauchamp vs Elmore: what the numbers say

The median house price is $480K in Beauchamp and $485K in Elmore, so Beauchamp is the cheaper entry point, with Elmore houses about 1% dearer.

Rental vacancy is 0.3% in Beauchamp and 1.0% in Elmore, so landlords in Beauchamp face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Elmore is the bigger suburb, with a population of 847 against 44, roughly 19 times the size of Beauchamp; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Beauchamp for a lower purchase price, Beauchamp for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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