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East Bendigo, VIC 3550

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

Data updated

Tight Rental MarketStrong Growth

Median House

$620,000

market range $600K-$725K

Median Unit

$440,000

market range $400K-$475K

Gross Yield (houses)

4.4%

1yr Growth (houses)

+16.4%

market range +10.0% to +22.5%

Investment snapshot for East Bendigo

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

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East Bendigo market and investor summary

East Bendigo (VIC 3550) runs a median house price of $620K, with houses yielding a gross 4.4%. House prices have moved +16.4% over the past year. At 0.1% vacancy, it is a tight rental market that favours landlords.

For an investor, the rent-to-price profile sits mid-range: a gross house yield near 4.4% is neither a standout cashflow play nor a pure growth bet.

Living in East Bendigo: people, income and schools

East Bendigo is home to around 2,246 people, a number that has held fairly steady over five years. The median age is 45, skewed a little older, and families account for 55% of households.

Households here earn a median of about $65,000 a year, or roughly $1,260 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). At current prices a median house runs to a steep 9.5 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 23% over five years, which tends to underpin what local buyers can pay.

There are 14 schools within about 5km, testing close to the national school average on ICSEA. It is fairly car-dependent; the suburb scores 14 for walkability out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.

Population
2,246
-0% over 5yr
Median age
45 years
Median household income
$65,000/yr
Households renting
37%
Family households
55%
Socio-economic rank
4/10
ABS advantage index
Schools within 5km
14
avg ICSEA 972
Unemployment
4.7%
Walk score
14/100

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

Properties in East Bendigo

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Frequently asked questions about East Bendigo

What should I check before investing in East Bendigo?

East Bendigo has enough public data for first-pass screening across yield, vacancy, price and supply signals. House gross rental yield of 4.4% gives a usable rent-to-price starting point. Capital growth of +16.4% in the past year shows strong recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in East Bendigo?

The median property price in East Bendigo, VIC 3550 is $620K for houses and $440K for units.

What rental yield does East Bendigo show?

The gross rental yield in East Bendigo is 4.4% for houses. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

What does recent house price growth show for East Bendigo?

House prices in East Bendigo are up 16.4% over the past year. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

How tight is the rental market in East Bendigo?

The current vacancy rate in East Bendigo is 0.1%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.

How many people live in East Bendigo?

East Bendigo has a population of approximately 2,246 residents, with a median age of 45.

What schools are near East Bendigo?

There are 14 schools within roughly 5km of East Bendigo. 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 East Bendigo affordable to buy in?

A median house in East Bendigo costs about 9.5 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 East Bendigo's population growing?

The population of East Bendigo 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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