The Beveridge median house price sits at approximately $620,000 as of Q2 2026, according to CoreLogic’s June 2026 suburb report, reflecting a suburb that continues to attract first-home buyers and investors drawn by relative affordability on Melbourne’s northern growth corridor. That headline figure tells an important story, but the detail behind it reveals even more about where the Beveridge market is heading.

What Is the Current Median House Price in Beveridge?

CoreLogic data for the 12 months to May 2026 places the Beveridge median house price at $620,000, based on settled sales recorded across the suburb. This figure applies to detached dwellings, which make up the overwhelming majority of transactions in this predominantly new-estate suburb. Units and townhouses represent a smaller share of stock, with a separate median closer to $490,000 for that dwelling type over the same period.

It is worth noting that Beveridge’s median is calculated from a relatively concentrated pool of stock. PropTrack’s June 2026 data similarly records the suburb median in the $610,000 to $625,000 range, depending on the specific methodology and date range applied. Both sources point to a consistent price anchor in the low-to-mid $600,000s for houses.

• Median house price (12 months to May 2026): $620,000 (CoreLogic)
• Median unit/townhouse price: ~$490,000
• Typical sale volume: approximately 180 to 220 house transactions per year
• Days on market (median): 38 days, per SQM Research’s May 2026 suburb snapshot

How Has the Beveridge House Price Changed Year on Year?

Understanding price movement over time is just as important as knowing the current median. According to CoreLogic’s suburb-level data, the Beveridge median house price recorded an annual change of approximately +4.2% over the 12 months to May 2026, up from $595,000 at the same point in 2025. That compares favourably with broader Melbourne, where CoreLogic reported city-wide house price growth of around 2.8% over the same period.

On a shorter quarterly view, Q1 2026 recorded a quarter-on-quarter increase of roughly +1.1%, a moderation from the stronger Q4 2025 result of +2.3%. SQM Research’s vacancy data for Beveridge’s postcode (3753) shows a tight rental market, with vacancy sitting at just 0.8% as of April 2026, a factor that continues to support investor demand and underpin price resilience.

Five-Year Price Trajectory

• May 2021: ~$510,000
• May 2022: ~$635,000 (peak cycle)
• May 2023: ~$575,000 (correction phase)
• May 2024: ~$590,000
• May 2025: ~$595,000
• May 2026: ~$620,000 (CoreLogic)

The trajectory shows a suburb that experienced a sharp run-up in 2021 to 2022, a correction through 2023, and a measured recovery since. Compared with inner-ring suburbs where price floors are significantly higher, Beveridge’s growth cycle is driven by fundamentally different demand dynamics, namely land release, estate development, and first-home buyer activity rather than renovation premiums or heritage appeal.

What Are Recent Sold Comparables Telling Us About the Beveridge Market?

Looking at recent transactions gives ground-level context to the headline median. The following comparables are drawn from publicly available sales records for Beveridge in Q1 and Q2 2026:

• A 4-bedroom, 2-bathroom house on a 448 sqm block in a Beveridge estate sold for $638,000 in March 2026.
• A 3-bedroom, 2-bathroom house on a 350 sqm lot sold for $595,000 in April 2026, reflecting the entry-level new-build market.
• A 4-bedroom home on a larger 600 sqm block fetched $672,500 in May 2026, illustrating the premium buyers pay for larger land in this estate-dominated suburb.
• A 3-bedroom townhouse sold for $498,000 in February 2026, sitting in line with the unit/townhouse median.

These results confirm that land size and dwelling configuration are the primary price levers in Beveridge. Buyers seeking the sub-$600,000 price point can still access three-bedroom homes in newer estates, while the $650,000 to $700,000 bracket unlocks larger family-sized homes. This price accessibility is one reason Beveridge continues to attract first-home buyers who might otherwise be priced out of inner and middle-ring suburbs. For context on how prices stack up further into the city, our coverage of the median house price in Reservoir shows how a middle-ring suburb commands a meaningfully different price point.

What Factors Are Driving the Beveridge Property Market in 2026?

Price performance does not happen in isolation. Several structural and economic forces are shaping the Beveridge market specifically in 2026.

Infrastructure and Population Growth

The Victorian Government’s commitment to the North East Link and the Wallan to Donnybrook corridor infrastructure continues to be cited by buyers and agents as a long-term confidence driver for the Beveridge and Donnybrook precinct. The Australian Bureau of Statistics (ABS) 2024 regional population release shows the Mitchell Shire, which encompasses Beveridge’s northern fringe, recorded population growth of 5.1% in the year to June 2024, one of the fastest-growing local government areas in Victoria. That population inflow sustains demand for new housing stock.

Interest Rate Environment

The Reserve Bank of Australia (RBA) delivered two cash rate cuts in early 2026, bringing the official cash rate to 3.60% as of May 2026. For a $620,000 purchase with a 20% deposit, Canstar’s rate modelling suggests a typical owner-occupier repayment of approximately $2,820 per month at a 6.2% variable rate, a meaningful improvement from 2024 peak repayment levels. This rate relief has directly supported buyer confidence across affordable growth corridors including Beveridge.

First Home Buyer Incentives

Beveridge properties priced under the $750,000 threshold remain eligible for Victoria’s First Home Owner Grant and stamp duty concessions as of 2026. Given that the bulk of Beveridge transactions still fall below this threshold, the suburb continues to benefit from demand driven by buyers accessing government support, a dynamic less available in pricier suburbs. For comparison, our detailed breakdowns of the median house price in Northcote and the median house price in Brunswick illustrate just how different the price landscape is once you move closer to the CBD.

Rental Yield and Investor Interest

SQM Research records Beveridge’s gross rental yield for houses at approximately 3.8% to 4.2% as of May 2026, above the Melbourne metro average of roughly 3.1% (CoreLogic, June 2026). With rents for a typical 4-bedroom Beveridge house sitting at around $480 to $510 per week, according to Domain’s June 2026 rental listings data, the suburb offers a relatively competitive yield profile for buy-and-hold investors compared to inner suburbs where yields are compressed.

Is Beveridge a Good Time to Buy in 2026?

Timing any property market is inherently difficult, and Beveridge is no exception. What the data does show is a suburb where the median of $620,000 sits well below Melbourne’s overall house median (CoreLogic puts the broader Melbourne median at approximately $920,000 for May 2026), offering a genuine affordability differential. Annual growth of 4.2% outpacing the city average, a sub-1% vacancy rate, and continued population inflow all point to a market with sound structural support.

Equally, buyers should account for the concentration of new-estate stock, which can limit short-term capital growth when new lots continue to come to market and supply expands. Due diligence on specific estate covenants, body corporate arrangements for townhouses, and proximity to planned infrastructure is essential before committing.

For buyers or investors benchmarking Beveridge against other suburbs, our analysis of the median house price in Preston provides a useful mid-ring comparison for understanding value relativities across Melbourne’s north.

Conclusion

The Beveridge median house price of $620,000 as of Q2 2026 (CoreLogic) reflects a suburb in measured recovery, supported by population growth, easing interest rates, and continued first-home buyer demand. Annual growth of 4.2% and a tight vacancy rate of 0.8% underpin the market’s resilience, while recent sold comparables confirm that buyers can still access family-sized homes below $650,000. Whether you are buying, selling, or assessing Beveridge as an investment, having an accurate picture of current price data is the essential starting point.