Bentleigh is a well-established suburb in Victoria within the Glen Eira local government area (postcode 3204). With a population of 17,921, the suburb has an established demographic with a median age of 39. Households earn a median income of $118K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Chinese.
The median house price in Bentleigh is $1.6 million, having dipped slightly 2.9% over the past year. Units have a median price of $820,000 (+0.6% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $2,500.
Bentleigh is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 1123, which is well above the national average of 1,000. Public transport access includes 4 rail stations, 50 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Glen Eira LGA is moderate at 4,737 incidents per 100,000 population.
From an investment perspective, Bentleigh offers a gross rental yield of 1.9%, rated as low yield. Property prices are above the state median ($1.6M/$875K), placing it in the premium segment. The price-to-income ratio of 13.9x is considered stretched. House prices have moved -2.9% year-on-year.
Bentleigh is a well-established suburb in Victoria within the Glen Eira local government area (postcode 3204). With a population of 17,921, the suburb has an established demographic with a median age of 39. Households earn a median income of $118K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Chinese.
The median house price in Bentleigh is $1.6 million, having dipped slightly 2.9% over the past year. Units have a median price of $820,000 (+0.6% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $2,500.
Bentleigh is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 1123, which is well above the national average of 1,000. Public transport access includes 4 rail stations, 50 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Glen Eira LGA is moderate at 4,737 incidents per 100,000 population.
From an investment perspective, Bentleigh offers a gross rental yield of 1.9%, rated as low yield. Property prices are above the state median ($1.6M/$875K), placing it in the premium segment. The price-to-income ratio of 13.9x is considered stretched. House prices have moved -2.9% year-on-year.