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Benjeroop, VIC 3579

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

Data updated

Tight Rental Market

Median House

$480,000

Median Unit

$225,000

Gross Yield (units)

5.7%

1yr Growth

-

Investment snapshot for Benjeroop

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

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Benjeroop market and investor summary

Benjeroop (VIC 3579) runs a median house price of $480K. At 0.8% vacancy, it is a tight rental market that favours landlords.

Houses also take time to sell, around 85 days on market, so plan for a slower exit if you ever need one.

Living in Benjeroop: people, income and schools

About 56 people live in Benjeroop, a count that has slipped about 3% over five years. The median age is 53, an older, established demographic, and 83% 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 $55,000 a year, or roughly $1,050 a week. On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (3 out of 10). At current prices a median house runs to about 8.8 times local household income, in line with much of metropolitan Australia.

Population
56
-3% over 5yr
Median age
53 years
Median household income
$55,000/yr
Households renting
17%
Family households
41%
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 Benjeroop

No properties currently listed in Benjeroop

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Frequently asked questions about Benjeroop

What should I check before investing in Benjeroop?

Benjeroop has enough public data for first-pass screening across yield, vacancy, price and supply signals. Solid unit gross rental yield of 5.7%, giving a stronger rent-to-price starting point than many suburbs. Tight rental market (0.8% 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 Benjeroop?

The median property price in Benjeroop, VIC 3579 is $480K for houses and $225K for units.

What rental yield does Benjeroop show?

The gross rental yield in Benjeroop is 5.7% 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 Benjeroop?

The current vacancy rate in Benjeroop is 0.8%. 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 Benjeroop?

Benjeroop has a population of approximately 56 residents, with a median age of 53.

Is Benjeroop affordable to buy in?

A median house in Benjeroop 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 Benjeroop's population growing?

The population of Benjeroop has fallen about 3% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

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