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Bindi, VIC 3896

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

Data updated

Tight Rental Market

Median House

$450,000

Median Unit

$270,000

list-price estimate

Gross Yield (houses)

4.7%

1yr Growth

-

Investment snapshot for Bindi

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

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Bindi market and investor summary

Bindi (VIC 3896) runs a median house price of $450K, with houses yielding a gross 4.7%. At 2.1% vacancy, it is a broadly balanced rental market.

For an investor, the rent-to-price profile sits mid-range: a gross house yield near 4.7% is neither a standout cashflow play nor a pure growth bet.

Living in Bindi: people, income and schools

Bindi has a resident population of roughly 49, and the area has been growing steadily, up about 6% over five years. The median age is 52, an older, established demographic, and 78% 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 $70,000 a year, or roughly $1,350 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). At current prices a median house runs to about 6.4 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.

Population
49
+6% over 5yr
Median age
52 years
Median household income
$70,000/yr
Households renting
22%
Family households
94%
Socio-economic rank
4/10
ABS advantage index
Unemployment
3.0%

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

Properties in Bindi

No properties currently listed in Bindi

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Frequently asked questions about Bindi

What should I check before investing in Bindi?

Bindi has enough public data for first-pass screening across yield, vacancy, price and supply signals. House gross rental yield of 4.7% 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 Bindi?

The median property price in Bindi, VIC 3896 is $450K for houses.

What rental yield does Bindi show?

The gross rental yield in Bindi is 4.7% 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 Bindi?

The current vacancy rate in Bindi is 2.1%. 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 Bindi?

Bindi has a population of approximately 49 residents, with a median age of 52.

Is Bindi affordable to buy in?

A median house in Bindi costs about 6.4 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 Bindi's population growing?

The population of Bindi has grown about 6% 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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