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Bumberrah, VIC 3902
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$845,000
list-price estimate
Median Unit
$310,000
Gross Yield (houses)
2.8%
1yr Growth
-
Investment snapshot for Bumberrah
Bumberrah has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Bumberrah market and investor summary
In Bumberrah, VIC 3902, houses show a gross rental yield of 2.8%. At 11.1% 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 11.1% vacancy, so longer gaps between tenants are more likely and worth building into the numbers.
Living in Bumberrah: people, income and schools
Bumberrah has a resident population of roughly 101, and the area has been growing steadily, up about 6% over five years. The median age is 46, skewed a little older, and 100% 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 $75,000 a year, or roughly $1,440 a week. On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (2 out of 10).
There are 2 schools within about 5km, testing close to the national school average on ICSEA. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 101
- +6% over 5yr
- Median age
- 46 years
- Median household income
- $75,000/yr
- Households renting
- 5%
- Family households
- 79%
- Socio-economic rank
- 2/10
- ABS advantage index
- Schools within 5km
- 2
- avg ICSEA 974
- 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 Bumberrah
No properties currently listed in Bumberrah
Search Bumberrah listings →Frequently asked questions about Bumberrah
What should I check before investing in Bumberrah?
Bumberrah 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 Bumberrah?
The median property price in Bumberrah, VIC 3902 is $310K for units.
What rental yield does Bumberrah show?
The gross rental yield in Bumberrah 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 Bumberrah?
The current vacancy rate in Bumberrah is 11.1%. 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 Bumberrah?
Bumberrah has a population of approximately 101 residents, with a median age of 46.
What schools are near Bumberrah?
There are 2 schools within roughly 5km of Bumberrah. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Bumberrah's population growing?
The population of Bumberrah 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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