Bunyip is a smaller suburb in Victoria within the Cardinia local government area (postcode 3815). With a population of 3,131, the suburb has an established demographic with a median age of 38. Households earn a median income of $100K per year, with an average household size of 2.8 people. The most common occupations are technicians & trades, professionals, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Bunyip is $700,000, having declined 4.1% over the past year. The current median weekly rent is $520. This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $1,950.
Bunyip is served by 2 schools, including 2 primary. The average ICSEA score is 1002, which is around the national average of 1,000. Public transport access includes 2 rail stations, 2 bus stops. The crime rate in the Cardinia LGA is moderate at 7,195 incidents per 100,000 population.
From an investment perspective, Bunyip offers a gross rental yield of 3.9%, rated as moderate yield. Property prices are near the state median ($700K/$875K). The price-to-income ratio of 7.0x is considered moderate. House prices have moved -4.1% year-on-year.
Bunyip is a smaller suburb in Victoria within the Cardinia local government area (postcode 3815). With a population of 3,131, the suburb has an established demographic with a median age of 38. Households earn a median income of $100K per year, with an average household size of 2.8 people. The most common occupations are technicians & trades, professionals, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Bunyip is $700,000, having declined 4.1% over the past year. The current median weekly rent is $520. This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $1,950.
Bunyip is served by 2 schools, including 2 primary. The average ICSEA score is 1002, which is around the national average of 1,000. Public transport access includes 2 rail stations, 2 bus stops. The crime rate in the Cardinia LGA is moderate at 7,195 incidents per 100,000 population.
From an investment perspective, Bunyip offers a gross rental yield of 3.9%, rated as moderate yield. Property prices are near the state median ($700K/$875K). The price-to-income ratio of 7.0x is considered moderate. House prices have moved -4.1% year-on-year.