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North Bendigo, VIC 3550
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$575,000
market range $550K-$625K
Median Unit
$465,000
market range $425K-$550K
Gross Yield (houses)
4.5%
1yr Growth (houses)
+12.5%
market range +10.0% to +17.5%
Investment snapshot for North Bendigo
North Bendigo has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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North Bendigo market and investor summary
North Bendigo (VIC 3550) runs a median house price of $575K, with houses yielding a gross 4.5%. House prices have moved +12.5% over the past year and +11.2% over three years. At 1.8% 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 4.5% is neither a standout cashflow play nor a pure growth bet.
Living in North Bendigo: people, income and schools
North Bendigo has a resident population of roughly 4,277, a number that has held fairly steady over five years. The median age is 37, broadly working-age, and families account for 59% of households.
Households here earn a median of about $67,000 a year, or roughly $1,280 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 about 8.6 times local household income, in line with much of metropolitan Australia. Incomes have risen about 23% over five years, which tends to underpin what local buyers can pay.
There are 31 schools within about 5km, testing below the national school average on ICSEA. It is fairly car-dependent; the suburb scores 14 for walkability and 4 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.
- Population
- 4,277
- -0% over 5yr
- Median age
- 37 years
- Median household income
- $67,000/yr
- Households renting
- 45%
- Family households
- 59%
- Socio-economic rank
- 4/10
- ABS advantage index
- Schools within 5km
- 31
- avg ICSEA 905
- 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 North Bendigo
View all →Frequently asked questions about North Bendigo
What should I check before investing in North Bendigo?
North Bendigo has enough public data for first-pass screening across yield, vacancy, price and supply signals. Solid unit gross rental yield of 5.2%, giving a stronger rent-to-price starting point than many suburbs. Capital growth of +12.5% 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 North Bendigo?
The median property price in North Bendigo, VIC 3550 is $575K for houses and $465K for units.
What rental yield does North Bendigo show?
The gross rental yield in North Bendigo is 4.5% for houses and 5.2% for units. 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 North Bendigo?
House prices in North Bendigo are up 12.5% over the past year and up 11.2% over three years. 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 North Bendigo?
The current vacancy rate in North Bendigo is 1.8%. 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 North Bendigo?
North Bendigo has a population of approximately 4,277 residents, with a median age of 37.
What schools are near North Bendigo?
There are 31 schools within roughly 5km of North Bendigo. Their average ICSEA is below the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is North Bendigo affordable to buy in?
A median house in North Bendigo costs about 8.6 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 North Bendigo's population growing?
The population of North 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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