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Investment Property Bendigo, VIC, 3550

Suburb Snapshot

Bendigo is a suburb in the Greater Bendigo Region of Victoria. Bendigo has a population of 5,516 people and 33.34% of its occupants live in rental accommodation. The median listing price for houses is $659,000 and this has changed 2.96% over the past year and changed -2.38% over 2 years.

The median rent in Bendigo for houses is $460 per week and the median rental yield is 3.62%. Stock on the market for houses/townhouses has changed 7.32% compared to last year and the average time to sell a house/townhouse is 170 days.The median listing price for units is $460,000 and this has changed 4.54% over the past year. The average unit takes 88 days to sell and the median rent for a unit in Bendigo is $365 per week, producing a rental yield of 4.12%.

Supply & Demand in Bendigo, Greater Bendigo

1.54%

Current vacancy rate


51

Rental stock available


5,516

Population


33.34%

Rental population


0.68%

Current vacancy rate


393

Rental stock available


110,479

Population


24.07%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Bendigo, Greater Bendigo

  House Townhouses Units
Median listing price $659,000 $500,000 $460,000
Median price change - last quarter 0.00% 0.20% 0.00%
Median price change - 1 year 2.96% 5.26% 4.54%
Median price change - 2 years -2.38% 0.10% -3.67%
  House Townhouses Units
Median weekly rent $460 $460 $365
Median yield % 3.62% 4.78% 4.12%
Median rent change - 1 year 9.52% 3.37% 4.28%
  House Units
Previous month sales 12 1
Stock on market previous month 88 6
Stock variance vs. last year 7.32% -14.29%
Average days on market 170 88

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