White Hills VIC

Postcode 3550 · Greater Bendigo LGA

White Hills is a smaller suburb in Victoria within the Greater Bendigo local government area (postcode 3550). With a population of 3,620, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $73K per year, with an average household size of 2.4 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.

The median house price in White Hills is $513,000, having increased 3.5% over the past year. Units have a median price of $495,000 (+19.3% YoY). The current median weekly rent is $440. This gives a gross rental yield of approximately 4.5%. The median monthly mortgage repayment is $1,300.

White Hills is served by 2 schools, including 2 primary. The average ICSEA score is 1014, which is around the national average of 1,000. Public transport access includes 31 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, White Hills offers a gross rental yield of 4.5%, rated as moderate yield. Property prices sit below the state median ($513K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 7.1x is considered moderate. House prices have moved +3.5% year-on-year.

INVESTMENT SIGNALS
Rental Yield4.5% Moderate Yield
Price vs State$513K/$875K Below Median
Affordability7.1x Moderate
Price Momentum+3.5% Stable
INCOME (ATO 2022-23)
Median Income$58,860
Mean Income$64,662
Earners9,380
YoY Change+6.2%
SEIFA INDEX (ABS)
Advantage3/10
Education4/10
Economic3/10
Disadvantage3/10
MEDIAN HOUSE
$513K
3.5% YoY
MEDIAN UNIT
$495K
19.3% YoY
MEDIAN RENT /WK
$300
POPULATION
3,620
DEMOGRAPHICS
Median Age37
Household Size2.4
HH Income /wk$1,395
Personal Income /wk$750
Mortgage /mth$1,300
CRIME (Greater Bendigo LGA)
Crime Rate (per 100k)9,634
Total Incidents12,282
TRANSPORT
Bus Stops31
SCHOOLS (2)
Avg ICSEA1014
Total Students881
Government1
Catholic1
White Hills Primary SchoolPrimary · Government · ICSEA 977
Holy Rosary SchoolPrimary · Catholic · ICSEA 1052
Data: 2024