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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 $650,000 and this has changed 1.08% over the past year and changed -5.80% over 2 years.

The median rent in Bendigo for houses is $450 per week and the median rental yield is 3.60%. Stock on the market for houses/townhouses has changed 1.18% compared to last year and the average time to sell a house/townhouse is 167 days.The median listing price for units is $460,000 and this has changed 6.97% over the past year. The average unit takes 102 days to sell and the median rent for a unit in Bendigo is $360 per week, producing a rental yield of 4.06%.

Supply & Demand in Bendigo, Greater Bendigo

1.72%

Current vacancy rate


57

Rental stock available


5,516

Population


33.34%

Rental population


0.72%

Current vacancy rate


411

Rental stock available


110,479

Population


24.07%

Rental population


0.94%

Current vacancy rate


29,256

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 $650,000 $500,000 $460,000
Median price change - last quarter 0.00% 0.20% 0.00%
Median price change - 1 year 1.08% 5.26% 6.97%
Median price change - 2 years -5.80% 0.00% -4.67%
  House Townhouses Units
Median weekly rent $450 $460 $360
Median yield % 3.60% 4.78% 4.06%
Median rent change - 1 year 7.14% 4.54% 2.85%
  House Units
Previous month sales 6 1
Stock on market previous month 86 6
Stock variance vs. last year 1.18% -14.29%
Average days on market 167 102

Bendigo investment property listings

Showing 1 of 1 investment properties found in Bendigo on realestateinvestar.com.au

7-9 Nolan St, Bendigo

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LEASE/BUY/DEVELOP

TELL US WHAT YOU WANT ! The property is available for Lease/Sale as is. There is a council approved permit for a substantial re-development of the site. The permit allows for the construction of a 444.3M2 tilt slab warehouse, 72M2 ground floor office, reception area and lunch room. There is a ...

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Commercial

VIC 3550


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