Junortoun is a smaller suburb in Victoria within the Greater Bendigo local government area (postcode 3551). With a population of 3,862, the suburb has an established demographic with a median age of 43. Households earn a median income of $113K per year, with an average household size of 2.8 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Junortoun is $822,000, having declined 5% over the past year. The current median weekly rent is $440. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $1,950.
Public transport access includes 17 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, Junortoun offers a gross rental yield of 2.8%, rated as low yield. Property prices are near the state median ($822K/$875K). The price-to-income ratio of 7.3x is considered moderate. House prices have moved -5.0% year-on-year.
Junortoun is a smaller suburb in Victoria within the Greater Bendigo local government area (postcode 3551). With a population of 3,862, the suburb has an established demographic with a median age of 43. Households earn a median income of $113K per year, with an average household size of 2.8 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Junortoun is $822,000, having declined 5% over the past year. The current median weekly rent is $440. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $1,950.
Public transport access includes 17 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, Junortoun offers a gross rental yield of 2.8%, rated as low yield. Property prices are near the state median ($822K/$875K). The price-to-income ratio of 7.3x is considered moderate. House prices have moved -5.0% year-on-year.