Bentleigh East is a well-populated suburb in Victoria within the Glen Eira local government area (postcode 3165). It is home to about 30,159 residents, with a settled mid-life population and a median age of 40. Households earn a median income of $115K per year, with an average household size of 2.7 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.6% year-on-year at the LGA level. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, clerical & administrative. Employment in the area leans toward healthcare and professional services. The top ancestries reported are Australian, English, Chinese.
Median house prices in Bentleigh East stand at $1.5 million, having moved higher by 4.7% over the last twelve months. Units have a median price of $705,000 (-23.9% YoY). The current median weekly rent is $625. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $2,500.
Bentleigh East is served by 5 schools, including 4 primary, 1 secondary. The average ICSEA score is 1119, which is well above the national average of 1,000. Public transport access includes 145 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Glen Eira LGA is moderate at 4,737 incidents per 100,000 population.
Looking at the investment signals, Bentleigh East shows a gross rental yield of approximately 2.2%, rated as low yield. Property prices are above the state median ($1.5M/$875K), placing it in the premium segment. The price-to-income ratio of 13.0x is considered stretched. House prices have moved +4.7% year-on-year. Population growth of +1.6% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.