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Bowmans Forest, VIC 3735

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

Data updated

Median House

$1,415,000

market range $775K-$1.4M

Median Unit

$530,000

Gross Yield (units)

3.0%

1yr Growth

-

Investment snapshot for Bowmans Forest

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

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Investment score breakdown

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Bowmans Forest market and investor summary

Bowmans Forest (VIC 3735) runs a median house price of $1.4M. At 3.4% vacancy, it is a softer rental market with more choice for tenants.

Living in Bowmans Forest: people, income and schools

About 106 people live in Bowmans Forest, a number that has held fairly steady over five years. The median age is 53, an older, established demographic, and 87% 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 $108,000 a year, or roughly $2,070 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (6 out of 10). At current prices a median house runs to a steep 13.1 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 34% over five years, which tends to underpin what local buyers can pay.

Fixed broadband is delivered over the NBN's Fixed Wireless.

Population
106
+3% over 5yr
Median age
53 years
Median household income
$108,000/yr
Households renting
13%
Family households
79%
Socio-economic rank
6/10
ABS advantage index
Unemployment
2.7%

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

Properties in Bowmans Forest

No properties currently listed in Bowmans Forest

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Frequently asked questions about Bowmans Forest

What should I check before investing in Bowmans Forest?

Bowmans Forest 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 Bowmans Forest?

The median property price in Bowmans Forest, VIC 3735 is $1.4M for houses and $530K for units.

What rental yield does Bowmans Forest show?

The gross rental yield in Bowmans Forest is 3.0% 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 Bowmans Forest?

The current vacancy rate in Bowmans Forest is 3.4%. 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 Bowmans Forest?

Bowmans Forest has a population of approximately 106 residents, with a median age of 53.

Is Bowmans Forest affordable to buy in?

A median house in Bowmans Forest costs about 13.1 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 Bowmans Forest's population growing?

The population of Bowmans Forest 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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