East Bairnsdale is a small community in Victoria within the East Gippsland local government area (postcode 3875). With a population of 1,352, the suburb has a mature demographic with a median age of 45. Households earn a median income of $50K per year, with an average household size of 2.2 people. The most common occupations are labourers, community & personal service, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in East Bairnsdale is $393,000, having surged 12.9% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 5.3%. The median monthly mortgage repayment is $1,088.
Public transport access includes 3 bus stops. The crime rate in the East Gippsland LGA is higher than average at 13,055 incidents per 100,000 population.
From an investment perspective, East Bairnsdale offers a gross rental yield of 5.3%, rated as high yield. Property prices sit below the state median ($393K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 7.8x is considered moderate. House prices have moved +12.9% year-on-year.
East Bairnsdale is a small community in Victoria within the East Gippsland local government area (postcode 3875). With a population of 1,352, the suburb has a mature demographic with a median age of 45. Households earn a median income of $50K per year, with an average household size of 2.2 people. The most common occupations are labourers, community & personal service, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in East Bairnsdale is $393,000, having surged 12.9% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 5.3%. The median monthly mortgage repayment is $1,088.
Public transport access includes 3 bus stops. The crime rate in the East Gippsland LGA is higher than average at 13,055 incidents per 100,000 population.
From an investment perspective, East Bairnsdale offers a gross rental yield of 5.3%, rated as high yield. Property prices sit below the state median ($393K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 7.8x is considered moderate. House prices have moved +12.9% year-on-year.