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Bessiebelle, VIC 3304
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$565,000
Median Unit
$110,000
list-price estimate
Gross Yield (houses)
5.0%
1yr Growth
-
Investment snapshot for Bessiebelle
Bessiebelle has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Bessiebelle market and investor summary
In Bessiebelle, VIC 3304, the median house sells for around $565K, on a gross rental yield of 5.0% for houses. At 0.8% vacancy, it is a tight rental market that favours landlords.
For an investor, the rent-to-price profile sits mid-range: a gross house yield near 5.0% is neither a standout cashflow play nor a pure growth bet.
Living in Bessiebelle: people, income and schools
About 113 people live in Bessiebelle, a number that has held fairly steady over five years. At a median age of 42, it reads as skewed a little older, and 81% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
The typical household income runs to around $51,000 a year (about $970 a week). On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (2 out of 10). At current prices a median house runs to a steep 11.2 times local household income, so affordability is a genuine constraint on local buyers.
Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 113
- -1% over 5yr
- Median age
- 42 years
- Median household income
- $51,000/yr
- Households renting
- 11%
- Family households
- 63%
- Socio-economic rank
- 2/10
- ABS advantage index
- Unemployment
- 2.3%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Bessiebelle
No properties currently listed in Bessiebelle
Search Bessiebelle listings →Frequently asked questions about Bessiebelle
What should I check before investing in Bessiebelle?
Bessiebelle has enough public data for first-pass screening across yield, vacancy, price and supply signals. House gross rental yield of 5.0% gives a usable rent-to-price starting point. 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 Bessiebelle?
The median property price in Bessiebelle, VIC 3304 is $565K for houses.
What rental yield does Bessiebelle show?
The gross rental yield in Bessiebelle is 5.0% for houses. 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 Bessiebelle?
The current vacancy rate in Bessiebelle 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 Bessiebelle?
Bessiebelle has a population of approximately 113 residents, with a median age of 42.
Is Bessiebelle affordable to buy in?
A median house in Bessiebelle costs about 11.2 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). 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 Bessiebelle's population growing?
The population of Bessiebelle 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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