Bulleen is a well-established suburb in Victoria within the Manningham local government area (postcode 3105). With a population of 11,219, the suburb has a mature demographic with a median age of 45. Households earn a median income of $94K 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 Chinese, Italian, Australian.
The median house price in Bulleen is $1.3 million, having declined 7.1% over the past year. Units have a median price of $790,000 (-11.2% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $2,400.
Bulleen is served by 3 schools, including 1 primary, 1 secondary, 1 special. The average ICSEA score is 1098, which is above the national average of 1,000. Public transport access includes 58 bus stops. The crime rate in the Manningham LGA is below average at 3,807 incidents per 100,000 population.
From an investment perspective, Bulleen offers a gross rental yield of 2.4%, rated as low yield. Property prices are above the state median ($1.3M/$875K), placing it in the premium segment. The price-to-income ratio of 13.8x is considered stretched. House prices have moved -7.1% year-on-year.
Bulleen is a well-established suburb in Victoria within the Manningham local government area (postcode 3105). With a population of 11,219, the suburb has a mature demographic with a median age of 45. Households earn a median income of $94K 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 Chinese, Italian, Australian.
The median house price in Bulleen is $1.3 million, having declined 7.1% over the past year. Units have a median price of $790,000 (-11.2% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $2,400.
Bulleen is served by 3 schools, including 1 primary, 1 secondary, 1 special. The average ICSEA score is 1098, which is above the national average of 1,000. Public transport access includes 58 bus stops. The crime rate in the Manningham LGA is below average at 3,807 incidents per 100,000 population.
From an investment perspective, Bulleen offers a gross rental yield of 2.4%, rated as low yield. Property prices are above the state median ($1.3M/$875K), placing it in the premium segment. The price-to-income ratio of 13.8x is considered stretched. House prices have moved -7.1% year-on-year.