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Bellellen, VIC 3381
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$675,000
Median Unit
$605,000
Gross Yield (houses)
3.1%
1yr Growth
-
Investment snapshot for Bellellen
Bellellen has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Bellellen market and investor summary
Bellellen (VIC 3381) runs a median house price of $675K, with houses yielding a gross 3.1%. At 6.4% vacancy, it is a softer rental market with more choice for tenants.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 3.1% will not cover holding costs in the early years, so the case leans on price appreciation. Demand is softer at 6.4% vacancy, so longer gaps between tenants are more likely and worth building into the numbers. Houses also take time to sell, around 73 days on market, so plan for a slower exit if you ever need one.
Living in Bellellen: people, income and schools
About 59 people live in Bellellen, a number that has held fairly steady over five years. The median age is 48, skewed a little older, and families account for 69% of households.
Households here earn a median of about $77,000 a year, or roughly $1,470 a week. On socio-economic measures it ranks comfortably above the national middle (7 out of 10 on the ABS advantage index). At current prices a median house runs to about 8.8 times local household income, in line with much of metropolitan Australia. Incomes have risen about 35% over five years, which tends to underpin what local buyers can pay.
Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 59
- +1% over 5yr
- Median age
- 48 years
- Median household income
- $77,000/yr
- Households renting
- 22%
- Family households
- 69%
- Socio-economic rank
- 7/10
- ABS advantage index
- Unemployment
- 1.8%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Bellellen
No properties currently listed in Bellellen
Search Bellellen listings →Frequently asked questions about Bellellen
What should I check before investing in Bellellen?
Bellellen 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 Bellellen?
The median property price in Bellellen, VIC 3381 is $675K for houses and $605K for units.
What rental yield does Bellellen show?
The gross rental yield in Bellellen is 3.1% for houses and 3.4% 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 Bellellen?
The current vacancy rate in Bellellen is 6.4%. A rate under 2% generally signals a tight rental market. This suburb's rental market is softer, with tenants having more choice and rents possibly under pressure.
How many people live in Bellellen?
Bellellen has a population of approximately 59 residents, with a median age of 48.
Is Bellellen affordable to buy in?
A median house in Bellellen costs about 8.8 times the median local household income (broadly in line with metropolitan Australia). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Bellellen's population growing?
The population of Bellellen has held roughly flat over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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