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Bamawm, VIC 3561

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Median House

$605,000

list-price estimate

Median Unit

$410,000

Gross Yield (houses)

2.5%

1yr Growth

-

Investment snapshot for Bamawm

Bamawm has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Investment score breakdown

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Bamawm market and investor summary

In Bamawm, VIC 3561, houses show a gross rental yield of 2.5%. At 2.8% vacancy, it is a broadly balanced rental market.

For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.5% will not cover holding costs in the early years, so the case leans on price appreciation. Houses also take time to sell, around 179 days on market, so plan for a slower exit if you ever need one.

Living in Bamawm: people, income and schools

About 491 people live in Bamawm, a count that has slipped about 6% over five years. The median age is 41, skewed a little older, and 76% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.

Households here earn a median of about $75,000 a year, or roughly $1,440 a week. On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (3 out of 10). Incomes have risen about 12% over five years, which tends to underpin what local buyers can pay.

Fixed broadband is delivered over the NBN's Fixed Wireless.

Population
491
-6% over 5yr
Median age
41 years
Median household income
$75,000/yr
Households renting
15%
Family households
78%
Socio-economic rank
3/10
ABS advantage index
Unemployment
2.4%

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Bamawm

No properties currently listed in Bamawm

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Frequently asked questions about Bamawm

What should I check before investing in Bamawm?

Bamawm has enough public data for first-pass screening across yield, vacancy, price and supply signals. Use the available metrics below to compare it with nearby suburbs before relying on the suburb-level view.

What are typical property prices in Bamawm?

The median property price in Bamawm, VIC 3561 is $410K for units.

What rental yield does Bamawm show?

The gross rental yield in Bamawm is 2.5% for houses and 3.7% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

How tight is the rental market in Bamawm?

The current vacancy rate in Bamawm is 2.8%. A rate under 2% generally signals a tight rental market. This suburb's rental market is balanced, favouring neither landlords nor tenants strongly.

How many people live in Bamawm?

Bamawm has a population of approximately 491 residents, with a median age of 41.

Is Bamawm's population growing?

The population of Bamawm has fallen about 6% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

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