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Beaufort vs Heyfield

Property investment comparison - Beaufort, VIC 3373 vs Heyfield, VIC 3858

Head-to-head across core investment metrics: Beaufort wins 2, Heyfield wins 2. 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.

MetricBeaufortHeyfield
Median house price$455K$450K
Median unit price$425K-
Gross rental yield (houses)4.78%-
Gross rental yield (units)-3.93%
1-year house growth+13.5%+7.8%
3-year house growth+7.4%+2.1%
Vacancy rate0.5%0.5%
Population1,7122,050

Beaufort vs Heyfield: what the numbers say

The median house price is $455K in Beaufort and $450K in Heyfield, so Heyfield is the cheaper entry point, with Beaufort houses about 1% dearer.

Over the past year house prices moved +13.5% in Beaufort and +7.8% in Heyfield, so recent momentum favours Beaufort, although both suburbs recorded growth.

Looking back three years, Beaufort houses are +7.4% and Heyfield houses +2.1%, so Beaufort has compounded faster than Heyfield over the longer window.

Rental vacancy is 0.5% in Heyfield and 0.5% in Beaufort, so landlords in Heyfield face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Heyfield is the bigger suburb, with a population of 2,050 against 1,712, larger than Beaufort; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Heyfield for a lower purchase price, Beaufort for recent price momentum, Heyfield 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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