Suburb Profile Report for North Bendigo VIC (3550)

North Bendigo House: Median price $278,000, Annual capital growth 4.60%, Number of sales 73, Weekly median advertised rent $280

North Bendigo Unit: Median price $240,000, Annual capital growth -0.39%, Number of sales 12, Weekly median advertised rent $270

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a an unimpressive capital gain of -3.30% for the last year, North Bendigo, 3550 is the 3280th highest performer in Australia in this respect.

Over the longer term, North Bendigo has seen property prices show investors a 2.96% return over the last 3 years. This is worse than over the last 12 months

LACK OF BUYER INTEREST may well be the reason that North Bendigo is offering property investors an average of -6.03. This rate of discount on properties puts Suburb at number 149th in terms of most discounted suburbs in VIC

Situated 133.63km from the CBD, North Bendigo is one of Greater Bendigo localities in the postcode 3550.

Giving property investors a a poor capital gain of -18.51% for the last year, North Bendigo, 3550 is the 1677th highest performer in Australia in this respect.

A $270 per week rent on the median house gives suburb investors a gross yield of circa 5.85%, without taking into account capital value appreciation, which has been averaging out at -0.39%.

HOUSE UNIT
$278,000 $240,000
-1.59% N/A
-3.30% -18.51%
4.60% -0.39%
$280 $270
73 12
5.24% 5.85%
82.53 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 3954
Median household income ($/weekly) 891
Median age of persons 37
Median housing loan repayment ($/monthly) 1148
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 467 11.8
    25-34 years 551 13.9
    35-44 years 471 11.9
    45-54 years 449 11.4
    55-64 years 404 10.2
    Others 1612 40.8
    Age Group
    Census Count Percent(%)
    Not Married 1355 50.2
    Registered Married 1063 39.4
    Defacto Relationship 283 10.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 3362 90.5
    Indonesia 68 1.8
    Papua New Guinea 21 0.6
    United Kingdom 59 1.6
    Other 59 1.6
    Others 144 3.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 35 1.0
    Christianity 2460 69.0
    Hinduism 34 1.0
    Other Religious Groups 16 0.4
    No Religion 999 28.0
    Others 19 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 136 9.9
    $400-$599 202 14.8
    $600-$799 185 13.5
    $800-$999 171 12.5
    $1,000-$1,249 147 10.8
    Others 526 38.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1275 43.3
    Employed, worked full-time 993 33.7
    Employed, worked part-time 463 15.7
    Employed, away from work 107 3.6
    Unemployed, looking for work 105 3.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 303 19.3
    Technicians & trades workers 251 16.0
    Clerical & administrative workers 203 12.9
    Sales 158 10.1
    Labourers 214 13.6
    Others 440 28.0
    Occupation
    Census Count Percent(%)
    Pre-school 66 8.2
    Infants/Primary 282 35.2
    Secondary 194 24.2
    Technical or Further Educational Institution 108 13.5
    University or other Tertiary Institutions 110 13.7
    Others 41 5.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3319 94.9
    Semi-detached, row or terrace house, townhouse 86 2.5
    Flat, unit or apartment 85 2.4
    House or flat attached to a shop, office 7 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 544 37.8
    Being purchased 460 31.9
    Fully owned 428 29.7
    Other tenure type 8 0.6
    Tenure Type
Census 2011, ABS
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