Highest rental yield suburbs in Bendigo
The top 25 suburbs in Bendigo by gross rental yield, ranked separately for houses and units. Gross yield is a year's median rent as a share of the median price. A suburb is ranked only when it has at least 10 sales of that dwelling type in the past year and a median price and rent that independent evidence agrees on, so a figure built from a handful of listings cannot top the table.
Highest rental yield suburbs in Bendigo: houses
Gross yield on the median house price and median weekly house rent.
| # | Suburb | Gross yield | Median price | Median rent |
|---|---|---|---|---|
| 1 | Jackass FlatVIC 3556 | 4.6% | $650,000 | $580/wk |
| 2 | North BendigoVIC 3550 | 4.6% | $580,000 | $520/wk |
| 3 | Kangaroo FlatVIC 3555 | 4.6% | $620,000 | $530/wk |
| 4 | Long GullyVIC 3550 | 4.6% | $550,000 | $480/wk |
| 5 | California GullyVIC 3556 | 4.5% | $580,000 | $490/wk |
| 6 | EaglehawkVIC 3556 | 4.5% | $595,000 | $515/wk |
| 7 | East BendigoVIC 3550 | 4.5% | $635,000 | $550/wk |
| 8 | Golden SquareVIC 3555 | 4.5% | $615,000 | $520/wk |
| 9 | IronbarkVIC 3550 | 4.4% | $580,000 | $490/wk |
| 10 | Flora HillVIC 3550 | 4.3% | $610,000 | $500/wk |
| 11 | EpsomVIC 3551 | 4.3% | $680,000 | $570/wk |
| 12 | Quarry HillVIC 3550 | 4.2% | $630,000 | $515/wk |
| 13 | BendigoVIC 3550 | 4.2% | $655,000 | $520/wk |
| 14 | AscotVIC 3551 | 4.1% | $700,000 | $580/wk |
| 15 | Spring GullyVIC 3550 | 4.1% | $700,000 | $540/wk |
| 16 | KenningtonVIC 3550 | 4.0% | $655,000 | $510/wk |
| 17 | StrathfieldsayeVIC 3551 | 4.0% | $790,000 | $620/wk |
| 18 | Maiden GullyVIC 3551 | 4.0% | $855,000 | $650/wk |
| 19 | JunortounVIC 3551 | 3.5% | $935,000 | $600/wk |
Highest rental yield suburbs in Bendigo: units
Gross yield on the median unit price and median weekly unit rent.
| # | Suburb | Gross yield | Median price | Median rent |
|---|---|---|---|---|
| 1 | Kangaroo FlatVIC 3555 | 5.3% | $415,000 | $430/wk |
| 2 | White HillsVIC 3550 | 5.0% | $490,000 | $460/wk |
| 3 | North BendigoVIC 3550 | 4.9% | $465,000 | $460/wk |
| 4 | StrathdaleVIC 3550 | 4.9% | $480,000 | $450/wk |
| 5 | Flora HillVIC 3550 | 4.8% | $450,000 | $430/wk |
| 6 | KenningtonVIC 3550 | 4.8% | $475,000 | $430/wk |
| 7 | EaglehawkVIC 3556 | 4.8% | $465,000 | $425/wk |
| 8 | Golden SquareVIC 3555 | 4.7% | $500,000 | $450/wk |
| 9 | Quarry HillVIC 3550 | 4.1% | $510,000 | $405/wk |
How this ranking works
- Gross yield is the median weekly rent x 52, divided by the median sale price, for each dwelling type.
- A suburb is ranked only with at least 10 sales of that dwelling type in the past 12 months, at least 1,000 residents, and a median price that independent evidence agrees on.
- Yields outside 3% to 9.5% are left out: figures beyond that range usually describe a wider area than the suburb, not the suburb itself.
- Where several suburbs share one postcode's figures, only the largest is listed. A rent shown as a dash is not yet well enough supported to publish.
- Suburb figures are refreshed as new market data arrives, at most about once a fortnight. Gross yield is before costs; use the rental yield calculator for net yield and cashflow on a specific property.
Rental yields in other states and cities
Growth outlook
Bendigo suburbs by 12-month outlook
Where prices are expected to rise or ease, ranked within each state.
Investment guide
Where to invest in Bendigo
Yield, growth, affordability and tight rental markets in one guide.
Calculator
Rental yield calculator
Gross and net yield, cashflow after interest and DSCR for one property.
Rental yield in Bendigo: frequently asked questions
Which Bendigo suburbs have the highest rental yield for houses?
On current figures the highest gross yields for houses in Bendigo are in Jackass Flat VIC 3556, North Bendigo VIC 3550 and Kangaroo Flat VIC 3555. Jackass Flat VIC 3556 leads at 4.6%, with a median house price of $650,000.
Which Bendigo suburbs have the highest rental yield for units?
For units, the highest gross yields in Bendigo are in Kangaroo Flat VIC 3555, White Hills VIC 3550 and North Bendigo VIC 3550. Kangaroo Flat VIC 3555 leads at 5.3%, on a median rent of $430/wk.
How is gross rental yield calculated?
Gross rental yield = weekly rent x 52 / price x 100. A suburb's figure uses its median weekly rent and median sale price for that dwelling type. It is before costs: rates, insurance, management, maintenance, strata and vacancy usually take 1.5 to 2 percentage points off, which is the net yield.
Is the highest-yield suburb the best investment?
Not on its own. High yields often come with lower expected growth, a thinner buyer pool or more vacancy risk, and a high figure can reflect a fall in prices rather than a rise in rents. Use the ranking to find suburbs to research, then check each suburb's vacancy, growth outlook and recent sales.
How often are these rankings updated?
Suburb medians are refreshed as new market data arrives, at most about once a fortnight, and this page picks the changes up within a day.
General information only, not personal financial advice. Check a suburb's own page and recent sales before relying on any figure.