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Bochara, VIC 3301
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$895,000
list-price estimate
Median Unit
$215,000
list-price estimate
Gross Yield (houses)
3.0%
1yr Growth
-
Investment snapshot for Bochara
Bochara has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Bochara market and investor summary
In Bochara, VIC 3301, houses show a gross rental yield of 3.0%. At 14.3% vacancy, it is a softer rental market with more choice for tenants.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 3.0% will not cover holding costs in the early years, so the case leans on price appreciation. Demand is softer at 14.3% vacancy, so longer gaps between tenants are more likely and worth building into the numbers.
Living in Bochara: people, income and schools
Bochara has a resident population of roughly 84, a number that has held fairly steady over five years. At a median age of 47, it reads as skewed a little older, and 79% 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 $88,000 a year (about $1,690 a week). On socio-economic measures it ranks comfortably above the national middle (8 out of 10 on the ABS advantage index).
- Population
- 84
- +0% over 5yr
- Median age
- 47 years
- Median household income
- $88,000/yr
- Households renting
- 21%
- Family households
- 100%
- Socio-economic rank
- 8/10
- ABS advantage index
- Unemployment
- 2.0%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Bochara
No properties currently listed in Bochara
Search Bochara listings →Frequently asked questions about Bochara
What should I check before investing in Bochara?
Bochara 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 rental yield does Bochara show?
The gross rental yield in Bochara is 3.0% 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 Bochara?
The current vacancy rate in Bochara is 14.3%. A rate under 2% generally signals a tight rental market. This suburb's rental market is softer, with tenants having more choice and rents possibly under pressure.
How many people live in Bochara?
Bochara has a population of approximately 84 residents, with a median age of 47.
Is Bochara's population growing?
The population of Bochara 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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