Suburb Profile Report for North Bendigo VIC (3550)

North Bendigo House: Median price $321,000, Annual capital growth 5.81%, Number of sales 94, Weekly median advertised rent $295

North Bendigo Unit: Median price $245,000, Annual capital growth N/A, Number of sales 13, Weekly median advertised rent $270

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 547th in the list of Australian suburbs ordered by increase in median house value over the last year, North Bendigo, 3550 is in the top 20% with a property value increase of 16.73% recorded in median house prices.

A 20.79% growth in median value for property investors in North Bendigo,3550 puts this suburb at number 262th in terms of best performing suburbs in VIC

Vendor discounting in North Bendigo is giving property investors an average Vendor Discount of around -6.76%. This puts suburb at number 102th in VIC when ranking the most discounted suburbs.

North Bendigo, 3550’s gross rental yield is 4.78%

While North Bendigo,3550 ranked number 123th in VIC for increase in median house value (annualised) increase, it is ranked 346th over the last 5 years.

North Bendigo3550 is located in VIC which offers an average discount of -4.70% to property investors. North Bendigo itself is showing figures that indicate -10.86% is the average achievable by property buyers investing in the suburb.

North Bendigo is 25th on a list of best yielding suburbs for rents in VIC with a 5.73% return

Metrics i HOUSE UNIT
$321,000 $245,000
2.72% 3.16%
16.73% N/A
5.81% N/A
$295 $270
94 13
4.78% 5.73%
79.13 116.3

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (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
Chart Table
Recent sales & rentals