Sailors Gully is a small community in Victoria within the Greater Bendigo local government area (postcode 3556). With a population of 743, the suburb has a mature demographic with a median age of 45. Households earn a median income of $69K per year, with an average household size of 2.4 people. The most common occupations are community & personal service, labourers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Sailors Gully is $500,000, having grown strongly 6.6% over the past year. The current median weekly rent is $440. This gives a gross rental yield of approximately 4.6%. The median monthly mortgage repayment is $1,192.
The crime rate in the Greater Bendigo LGA is higher than average at 9,634 incidents per 100,000 population.
From an investment perspective, Sailors Gully offers a gross rental yield of 4.6%, rated as moderate yield. Property prices sit below the state median ($500K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 7.3x is considered moderate. House prices have moved +6.6% year-on-year.
Sailors Gully is a small community in Victoria within the Greater Bendigo local government area (postcode 3556). With a population of 743, the suburb has a mature demographic with a median age of 45. Households earn a median income of $69K per year, with an average household size of 2.4 people. The most common occupations are community & personal service, labourers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Sailors Gully is $500,000, having grown strongly 6.6% over the past year. The current median weekly rent is $440. This gives a gross rental yield of approximately 4.6%. The median monthly mortgage repayment is $1,192.
The crime rate in the Greater Bendigo LGA is higher than average at 9,634 incidents per 100,000 population.
From an investment perspective, Sailors Gully offers a gross rental yield of 4.6%, rated as moderate yield. Property prices sit below the state median ($500K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 7.3x is considered moderate. House prices have moved +6.6% year-on-year.