Bonnie Doon is a small locality in Victoria within the Mansfield local government area (postcode 3720). The area has roughly 666 residents and a mature demographic, with a median age of 54. Households earn a median income of $68K per year, with an average household size of 2.2 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.9% 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 managers, technicians & trades, labourers. Employment in the area leans toward construction and accommodation & food. The top ancestries reported are Australian, English, Irish.
Median house prices in Bonnie Doon stand at $630,000, having moved lower by 6% over the last twelve months. The current median weekly rent is $550. This gives a gross rental yield of approximately 4.5%. The median monthly mortgage repayment is $1,300.
Public transport access includes 2 bus stops. The crime rate in the Mansfield LGA is below average at 3,664 incidents per 100,000 population.
Looking at the investment signals, The gross rental yield works out to roughly 4.5%, which reads as moderate yield. Property prices are near the state median ($630K/$875K). The price-to-income ratio of 9.2x is considered moderate. House prices have moved -6.0% year-on-year. Population growth of +1.9% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.