Epsom VIC

Postcode 3551 · Greater Bendigo LGA

Epsom is a mid-sized suburb in Victoria within the Greater Bendigo local government area (postcode 3551). With a population of 5,014, the suburb has a mix of young professionals and families with a median age of 32. Households earn a median income of $89K per year, with an average household size of 2.7 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are Australian, English, Irish.

The median house price in Epsom is $595,000, having risen modestly 1.7% over the past year. Units have a median price of $450,000 (+1.9% YoY). The current median weekly rent is $440. This gives a gross rental yield of approximately 3.8%. The median monthly mortgage repayment is $1,473.

Epsom is served by 1 school, including 1 primary. The average ICSEA score is 967, which is around the national average of 1,000. Public transport access includes 9 rail stations, 34 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, Epsom offers a gross rental yield of 3.8%, rated as moderate yield. Property prices sit below the state median ($595K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 6.7x is considered moderate. House prices have moved +1.7% year-on-year.

INVESTMENT SIGNALS
Rental Yield3.8% Moderate Yield
Price vs State$595K/$875K Below Median
Affordability6.7x Moderate
Price Momentum+1.7% Stable
SEIFA INDEX (ABS)
Advantage4/10
Education4/10
Economic4/10
Disadvantage4/10
MEDIAN HOUSE
$595K
1.7% YoY
MEDIAN UNIT
$450K
1.9% YoY
MEDIAN RENT /WK
$340
POPULATION
5,014
DEMOGRAPHICS
Median Age32
Household Size2.7
HH Income /wk$1,714
Personal Income /wk$816
Mortgage /mth$1,473
CRIME (Greater Bendigo LGA)
Crime Rate (per 100k)9,634
Total Incidents12,282
TRANSPORT
Rail Stations9
Bus Stops34
Cassandra Cres/Station St
Epsom Station
Epsom Station/Station St
Howard St/Station St
Station St/Ironstone Rd
SCHOOLS (1)
Avg ICSEA967
Total Students425
Government1
Epsom Primary SchoolPrimary · Government · ICSEA 967
Data: 2024