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Framlingham vs North Bendigo

Property investment comparison - Framlingham, VIC 3265 vs North Bendigo, VIC 3550

Head-to-head across core investment metrics: Framlingham wins 3, North Bendigo 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.

MetricFramlinghamNorth Bendigo
Median house price$570K$575K
Median unit price$340K$465K
Gross rental yield (houses)3.91%4.55%
Gross rental yield (units)3.61%5.24%
1-year house growth-+12.5%
3-year house growth-+11.2%
Vacancy rate0.8%1.8%
Population1694,277

Framlingham vs North Bendigo: what the numbers say

The median house price is $570K in Framlingham and $575K in North Bendigo, so Framlingham is the cheaper entry point, with North Bendigo houses about 1% dearer.

For units, Framlingham sits at a median of $340K against $465K in North Bendigo, which makes Framlingham the more affordable unit market and North Bendigo the pricier one.

On cash flow, North Bendigo leads: houses there return a gross rental yield of 4.55%, compared with 3.91% in Framlingham, a gap of 0.64 percentage points.

Rental vacancy is 0.8% in Framlingham and 1.8% in North Bendigo, so landlords in Framlingham face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

North Bendigo is the bigger suburb, with a population of 4,277 against 169, roughly 25 times the size of Framlingham; a larger suburb usually means a deeper pool of buyers and tenants.

In short: North Bendigo for rental income, Framlingham for a lower purchase price, Framlingham 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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