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Bellbrae, VIC 3228

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

Data updated

Median House

$2,855,000

market range $2.0M-$2.9M

Median Unit

$760,000

Gross Yield (units)

4.8%

1yr Growth (houses)

-6.1%

market range -10.0% to +12.5%

Investment snapshot for Bellbrae

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

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Bellbrae market and investor summary

Bellbrae (VIC 3228) runs a median house price of $2.9M. House prices have moved -6.1% over the past year and -13.0% over three years. At 2.5% vacancy, it is a broadly balanced rental market.

Houses also take time to sell, around 105 days on market, so plan for a slower exit if you ever need one.

Living in Bellbrae: people, income and schools

Bellbrae has a resident population of roughly 1,346, and the area has been growing steadily, up about 14% over five years. The median age is 52, an older, established demographic, and 82% 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 $81,000 a year, or roughly $1,560 a week. On socio-economic measures it ranks among the most advantaged in the country (9 out of 10 on the ABS advantage index). Incomes have risen about 24% over five years, which tends to underpin what local buyers can pay.

There are 4 schools within about 5km, and they test well above the national school average on ICSEA, a draw for education-focused families. It is fairly car-dependent; the suburb scores 1 for walkability out of 100. Fixed broadband is delivered over the NBN's Fixed Wireless.

Population
1,346
+14% over 5yr
Median age
52 years
Median household income
$81,000/yr
Households renting
6%
Family households
73%
Socio-economic rank
9/10
ABS advantage index
Schools within 5km
4
avg ICSEA 1119
Unemployment
1.4%
Walk score
1/100

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

Properties in Bellbrae

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Frequently asked questions about Bellbrae

What should I check before investing in Bellbrae?

Bellbrae has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.8% gives a usable rent-to-price starting point. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Bellbrae?

The median property price in Bellbrae, VIC 3228 is $2.9M for houses and $760K for units.

What rental yield does Bellbrae show?

The gross rental yield in Bellbrae is 4.8% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

What does recent house price growth show for Bellbrae?

House prices in Bellbrae are down 6.1% over the past year and down 13.0% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

How tight is the rental market in Bellbrae?

The current vacancy rate in Bellbrae is 2.5%. 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 Bellbrae?

Bellbrae has a population of approximately 1,346 residents, with a median age of 52.

What schools are near Bellbrae?

There are 4 schools within roughly 5km of Bellbrae. Their average ICSEA sits well above the national mean of 1000, which points to a more advantaged school catchment. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Bellbrae's population growing?

The population of Bellbrae has grown about 14% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

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