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Suburb Insights · VIC 3139

Beenak, VIC 3139 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Beenak is a well-established middle-ring suburb of Melbourne, Australia, with a population of approximately 17, making it a boutique locality. Located approximately 60 km from the Melbourne CBD, Beenak is a middle ring area in Victoria. The median household income is $58,500 per year.

Investment Score

33 / 100 Weak

Household earnings in Beenak are below the state average, which may affect long-term capital growth. The outer location offers affordability but may see slower price appreciation.

Location

Melbourne
Beenak
Victoria · 3139
60 km from Melbourne CBD
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Key Indicators

Postcode
3139

Official Australia Post postcode for Beenak. A postcode may cover multiple suburbs.

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Population
17

Usual resident population at the most recent census.

Median weekly rent
$340/wk

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$58,500/yr

Annual median household income (before tax) across all households.

Distance to CBD
60 km

Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb.

Median monthly mortgage
N/A

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
64% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Investment Insight

Beenak is a smaller community of 17 — about 0% of the Victoria suburb median (7,416) — so investors should factor in the narrower buyer pool and longer average time-on-market. Beenak's median household income of $58,500/year is 39% below the Victoria suburb median ($95,160) — this is an affordability play where returns lean on yield and patient capital growth rather than demographic premium. The median weekly rent of $340 translates to approximately $17,680/year in gross rental income, setting the upper bound on yield before vacancy, rates, insurance and maintenance. Beenak is 60 km from Melbourne, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand.

Beenak vs Victoria Median

How Beenak stacks up against the median of all Victoria suburbs in our dataset. Positive values mean Beenak sits above the state median; negative means below.

MetricBeenakVIC medianΔ vs state
Population177,416-100%
Median household income$58,500/yr$95,160/yr-39%
Median rent (weekly)$340$380-11%
Distance to CBD60 km32 km+88%
Separate houses64%78%-14pp

Investor Checklist

Pre-inspection briefing for Beenak — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

Buy & Hold

Limited buy-and-hold upside: a small population of 17 means liquidity is thin and capital growth tends to lag the wider Victoria market over full cycles.

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Rental Yield

Gross rent of $340/week (~$17,680/year) sets the yield ceiling. Cross-check against your purchase price to confirm whether this suburb hits the 4–5% gross yield most Australian investors target.

Renovation / Flip

Only 64% of dwellings are separate houses (vs 78% VIC median) — this is a unit and townhouse market, where cosmetic flips struggle against body-corporate restrictions, thinner after-reno uplift and competing new supply.

Risk Factors

Run the numbers on a Beenak property

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30-year projections for Beenak

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital-growth expectations for Beenak are modest for 2026 — incomes 39% below the VIC median of $95,160 and a population of 17 suggest gains will lag headline metro markets. Rents sit around $340/week, setting the baseline gross rental income at roughly $17,680/year — refine this against current listings before running your numbers. The EquitySight investment score of 33/100 places Beenak in the lower tier of Australian suburbs we profile, and overall investor sentiment is cautious heading into the second half of 2026.

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Frequently Asked Questions

Is Beenak a good suburb for investment?

Beenak scores 33/100 on our EquitySight investment framework — a weak rating. That score is driven by a population of 17, median household income of $58,500/year and median weekly rent of $340. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.

What drives property demand in Beenak?

The main demand drivers in Beenak are a median household income of $58,500/year, a dwelling mix that is 64% separate houses, roughly 1 schools and 1 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.

What is the population of Beenak?

Beenak has a usual resident population of approximately 17, compared with a Victoria suburb median of 7,416 — placing it in the lower half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.

How far is Beenak from the Melbourne CBD?

Beenak sits 60 km straight-line from the Melbourne CBD. This is a regional market where CBD distance is only indicative — local industry diversity and commute alternatives matter more.

What is the median rent in Beenak?

The most recent census recorded a median weekly rent of $340 in Beenak, equating to approximately $17,680/year in gross rental income (state median $380/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.

What is the typical mortgage repayment in Beenak?

A reliable median mortgage figure was not captured for Beenak. Use our loan serviceability calculator to estimate a realistic monthly repayment for your target purchase price and deposit.

Is Beenak cash-flow positive for investors?

Census data was not complete enough in Beenak to compute a clean rent-to-mortgage coverage. Use current listings to benchmark weekly rent, then plug your expected purchase price into our rental yield calculator to see whether the investment runs cash-flow positive or negative.

What are the main risks of investing in Beenak?

The main risks are a thin buyer pool (17 residents), interest-rate sensitivity, below-median household incomes ($58,500 vs $95,160 state median), the broader Victoria market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.

How we built this Beenak profile

Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.

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