Jackass Flat is a small community in Victoria within the Greater Bendigo local government area (postcode 3556). With a population of 1,907, the suburb has a young professional demographic with a median age of 28. Households earn a median income of $94K per year, with an average household size of 2.9 people. The most common occupations are professionals, community & personal service, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Jackass Flat is $544,000, having grown strongly 5.6% over the past year. The current median weekly rent is $440. This gives a gross rental yield of approximately 4.2%. The median monthly mortgage repayment is $1,515.
Public transport access includes 8 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, Jackass Flat offers a gross rental yield of 4.2%, rated as moderate yield. Property prices sit below the state median ($544K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 5.8x is considered affordable. House prices have moved +5.6% year-on-year.
Jackass Flat is a small community in Victoria within the Greater Bendigo local government area (postcode 3556). With a population of 1,907, the suburb has a young professional demographic with a median age of 28. Households earn a median income of $94K per year, with an average household size of 2.9 people. The most common occupations are professionals, community & personal service, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Jackass Flat is $544,000, having grown strongly 5.6% over the past year. The current median weekly rent is $440. This gives a gross rental yield of approximately 4.2%. The median monthly mortgage repayment is $1,515.
Public transport access includes 8 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, Jackass Flat offers a gross rental yield of 4.2%, rated as moderate yield. Property prices sit below the state median ($544K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 5.8x is considered affordable. House prices have moved +5.6% year-on-year.