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Bells Beach, VIC 3228

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

Data updated

Tight Rental Market

Median House

$1,230,000

list-price estimate

Median Unit

$1,080,000

Gross Yield (units)

3.3%

1yr Growth

-

Investment snapshot for Bells Beach

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

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Bells Beach market and investor summary

Bells Beach sits in VIC, postcode 3228. At 1.8% vacancy, it is a tight rental market that favours landlords.

Rental demand looks steady, with vacancy at 1.8% and a resident base that is not shrinking.

Living in Bells Beach: people, income and schools

Bells Beach is home to around 151 people, and the area has been growing steadily, up about 14% over five years. The median age is 48, skewed a little older, and 89% 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 $135,000 a year, or roughly $2,600 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 is 1 school within about 5km, and they test well above the national school average on ICSEA, a draw for education-focused families.

Population
151
+14% over 5yr
Median age
48 years
Median household income
$135,000/yr
Households renting
9%
Family households
91%
Socio-economic rank
9/10
ABS advantage index
Schools within 5km
1
avg ICSEA 1114
Unemployment
1.4%

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

Properties in Bells Beach

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Frequently asked questions about Bells Beach

What should I check before investing in Bells Beach?

Bells Beach has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (1.8% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Bells Beach?

The median property price in Bells Beach, VIC 3228 is $1.1M for units.

What rental yield does Bells Beach show?

The gross rental yield in Bells Beach is 3.3% 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 Bells Beach?

The current vacancy rate in Bells Beach is 1.8%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.

How many people live in Bells Beach?

Bells Beach has a population of approximately 151 residents, with a median age of 48.

What schools are near Bells Beach?

There are 1 school within roughly 5km of Bells Beach. 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 Bells Beach's population growing?

The population of Bells Beach 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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