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Bobinawarrah, VIC 3678
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$1,285,000
Median Unit
$350,000
Gross Yield (units)
3.9%
1yr Growth
-
Investment snapshot for Bobinawarrah
Bobinawarrah has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Bobinawarrah market and investor summary
Bobinawarrah (VIC 3678) runs a median house price of $1.3M. At 2.9% vacancy, it is a broadly balanced rental market.
Houses also take time to sell, around 70 days on market, so plan for a slower exit if you ever need one.
Living in Bobinawarrah: people, income and schools
Bobinawarrah is home to around 100 people, a number that has held fairly steady over five years. The median age is 51, an older, established demographic, and 85% 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 $86,000 a year, or roughly $1,660 a week. On socio-economic measures it ranks comfortably above the national middle (8 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 14.9 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 19% over five years, which tends to underpin what local buyers can pay.
Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 100
- +3% over 5yr
- Median age
- 51 years
- Median household income
- $86,000/yr
- Households renting
- 15%
- Family households
- 60%
- Socio-economic rank
- 8/10
- ABS advantage index
- Unemployment
- 3.4%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Bobinawarrah
No properties currently listed in Bobinawarrah
Search Bobinawarrah listings →Frequently asked questions about Bobinawarrah
What should I check before investing in Bobinawarrah?
Bobinawarrah 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 Bobinawarrah?
The median property price in Bobinawarrah, VIC 3678 is $1.3M for houses and $350K for units.
What rental yield does Bobinawarrah show?
The gross rental yield in Bobinawarrah is 3.9% 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 Bobinawarrah?
The current vacancy rate in Bobinawarrah is 2.9%. 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 Bobinawarrah?
Bobinawarrah has a population of approximately 100 residents, with a median age of 51.
Is Bobinawarrah affordable to buy in?
A median house in Bobinawarrah costs about 14.9 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 Bobinawarrah's population growing?
The population of Bobinawarrah has grown modestly, about 3% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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