East Bendigo is a smaller suburb in Victoria within the Greater Bendigo local government area (postcode 3550). With a population of 2,246, the suburb has a mature demographic with a median age of 45. Households earn a median income of $65K per year, with an average household size of 2.1 people. The most common occupations are professionals, technicians & trades, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in East Bendigo is $572,000, having increased 3.6% over the past year. Units have a median price of $478,000 (+13.7% YoY). The current median weekly rent is $440. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $1,213.
Public transport access includes 23 bus stops. The crime rate in the Greater Bendigo LGA is higher than average at 9,634 incidents per 100,000 population.
From an investment perspective, East Bendigo offers a gross rental yield of 4.0%, rated as moderate yield. Property prices sit below the state median ($572K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 8.7x is considered moderate. House prices have moved +3.6% year-on-year.
East Bendigo is a smaller suburb in Victoria within the Greater Bendigo local government area (postcode 3550). With a population of 2,246, the suburb has a mature demographic with a median age of 45. Households earn a median income of $65K per year, with an average household size of 2.1 people. The most common occupations are professionals, technicians & trades, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in East Bendigo is $572,000, having increased 3.6% over the past year. Units have a median price of $478,000 (+13.7% YoY). The current median weekly rent is $440. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $1,213.
Public transport access includes 23 bus stops. The crime rate in the Greater Bendigo LGA is higher than average at 9,634 incidents per 100,000 population.
From an investment perspective, East Bendigo offers a gross rental yield of 4.0%, rated as moderate yield. Property prices sit below the state median ($572K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 8.7x is considered moderate. House prices have moved +3.6% year-on-year.