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Bulart, VIC 3314

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

Data updated

Median House

$695,000

Median Unit

$380,000

list-price estimate

Gross Yield (houses)

2.8%

1yr Growth

-

Investment snapshot for Bulart

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

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Bulart market and investor summary

In Bulart, VIC 3314, the median house sells for around $695K, on a gross rental yield of 2.8% for houses. At 8.2% 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 2.8% will not cover holding costs in the early years, so the case leans on price appreciation. Demand is softer at 8.2% vacancy, so longer gaps between tenants are more likely and worth building into the numbers.

Living in Bulart: people, income and schools

About 104 people live in Bulart, a number that has held fairly steady over five years. At a median age of 38, it reads as broadly working-age, 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 $108,000 a year (about $2,080 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 about 6.4 times local household income, in line with much of metropolitan Australia. Incomes have risen about 46% over five years, which tends to underpin what local buyers can pay.

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

Population
104
-0% over 5yr
Median age
38 years
Median household income
$108,000/yr
Households renting
19%
Family households
61%
Socio-economic rank
8/10
ABS advantage index
Unemployment
2.1%

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

Properties in Bulart

No properties currently listed in Bulart

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Frequently asked questions about Bulart

What should I check before investing in Bulart?

Bulart 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 Bulart?

The median property price in Bulart, VIC 3314 is $695K for houses.

What rental yield does Bulart show?

The gross rental yield in Bulart is 2.8% 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 Bulart?

The current vacancy rate in Bulart is 8.2%. 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 Bulart?

Bulart has a population of approximately 104 residents, with a median age of 38.

Is Bulart affordable to buy in?

A median house in Bulart 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 Bulart's population growing?

The population of Bulart 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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