Beacon Hill

Beacon Hill, NSW 2100 has a population of 7,814 residents with a mix of age groups, ranging from young children to seniors. The suburb offers a range of commuting options including motor vehicles and public transport. It also has a significant percentage of residents working from home. The suburb has a high educational advantage, with an ICSEA percentile of 83.0 in government schools. The median household income is $2,937 weekly, indicating a relatively affluent community. Beacon Hill presents opportunities for property investors interested in houses. With a sizeable number of properties and a moderate market absorption rate, there is a steady demand. The suburb has shown consistent median price growth over the years. The sale price IQR ratio suggests potential for renovators or investors looking to add value through improvements or development. Beacon Hill, NSW 2100 is a family-friendly suburb with a diverse population and good access to commuting options. The high income levels and educational advantage of residents contribute to the overall desirability of the area. For property investors focusing on houses, Beacon Hill offers a stable market with growth potential, suitable for those looking to renovate or develop properties. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022