Bairnsdale is a mid-sized suburb in Victoria within the East Gippsland local government area (postcode 3875). With a population of 7,905, the suburb has an established demographic with a median age of 44. Households earn a median income of $57K per year, with an average household size of 2.2 people. The most common occupations are labourers, professionals, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Bairnsdale is $430,000, having dipped slightly 1.1% over the past year. The current median weekly rent is $420. This gives a gross rental yield of approximately 5.1%. The median monthly mortgage repayment is $1,192.
Bairnsdale is served by 8 schools, including 4 primary, 2 secondary, 1 combined, 1 special. The average ICSEA score is 965, which is around the national average of 1,000. Public transport access includes 5 rail stations, 27 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the East Gippsland LGA is higher than average at 13,055 incidents per 100,000 population.
From an investment perspective, Bairnsdale offers a gross rental yield of 5.1%, rated as high yield. Property prices sit below the state median ($430K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 7.5x is considered moderate. House prices have moved -1.1% year-on-year.
Bairnsdale is a mid-sized suburb in Victoria within the East Gippsland local government area (postcode 3875). With a population of 7,905, the suburb has an established demographic with a median age of 44. Households earn a median income of $57K per year, with an average household size of 2.2 people. The most common occupations are labourers, professionals, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Bairnsdale is $430,000, having dipped slightly 1.1% over the past year. The current median weekly rent is $420. This gives a gross rental yield of approximately 5.1%. The median monthly mortgage repayment is $1,192.
Bairnsdale is served by 8 schools, including 4 primary, 2 secondary, 1 combined, 1 special. The average ICSEA score is 965, which is around the national average of 1,000. Public transport access includes 5 rail stations, 27 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the East Gippsland LGA is higher than average at 13,055 incidents per 100,000 population.
From an investment perspective, Bairnsdale offers a gross rental yield of 5.1%, rated as high yield. Property prices sit below the state median ($430K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 7.5x is considered moderate. House prices have moved -1.1% year-on-year.