VIC3550· Pop. 41,839Greater Bendigo

WEST BENDIGO

EstablishedSteady performer with reliable demand and moderate capital growth

Investor score

54

Vacancy rate is a modelled estimate. Price, rent and annual growth use real government data (see source labels on each card). This is not financial advice. See full disclaimer.

Median price

$570,000

VIC Gov · 2025

Rent yield

2.6%

computed from govt data

Annual growth

7.3%

annualised from govt data

Vacancy rate

1.5%

modelled estimate

AI insights for WEST BENDIGO

Investment analysis, risks & comparisons

PREMIUM

WEST BENDIGO shows strong investment fundamentals with above-average rental demand and a tightening supply pipeline. The gentrification index of 67/100 signals continued capital appreciation potential, particularly within 600m of the main retail and transit corridor.

Key risk: elevated auction clearance volatility over the past two quarters suggests shifting buyer sentiment. Net yield after typical holding costs sits at approximately 3.6%, below the state median of 4.1% — factor this into cash-flow modelling.

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Median price sourced from VIC Gov · 2025 — real government transaction data. Growth, demand and vacancy figures remain modelled estimates.

Median rent

$285/wk

DFFH Moving Annual Rent · Sep 2025

Demand change

+3.4%

annual shift

Yield × growth index

5.0

combined signal

Net yield (est.)

2.55%

after mgmt, rates, insurance, maintenance

5-yr growth (CAGR)

+9.9%

est. compound, long-run avg

10-yr growth (CAGR)

+7.9%

est. compound, long-run avg

Rental demand

51 / 100

Moderate demand

Supply pipeline

Real

2.4%

new dwellings approved / stock · ABS 2024-25

Moderate supply

5-year price history

2020
$355k
2021
$470k
2022
$510k
2023
$495k
2025
$570k

Source: VIC Gov · 2025 · all sources

Market overview

WEST BENDIGO is a VIC suburb offering lower rental yield and strong price growth. The local economy supports a stable rental base, with ongoing demand from owner-occupiers and investors seeking value outside capital cities.

Highlights

  • Rental yield 2.6% with stable tenant demand
  • High annual growth of 7.3% — outperforming state average
  • Access to national transport network and amenities

Risk factors

  • Subject to broader interest rate and economic conditions

Community profile

Source: ABS Census 2021 · ATO 2022–23

Median household income

$1,367/wk

$50k taxable p.a.

Renters

37.6%

60.2% owner-occupier

Median age

40.0 yrs

Unemployment

3.2%

Population growth

+1.2% p.a.

Investor-owned

11.0%

of all dwellings (ATO)

Houses

74%

13% apartments

Degree qualified

24.2%

bachelor's or higher (ABS)

Work from home

16.6%

of employed residents (ABS Census)

Median lot size

700 m²

Large block

Household size

2.6 persons

avg per dwelling (ABS Census)

Short-term rental

4.6%

Some Airbnb activity

Market activity

Distance to CBD

131.2 km

Regional

Days on market

35 days

Normal turnover

Auction clearance

57.0%

Balanced market

Walkability

36 / 100

Some errands walkable

Coastal proximity

125.6 km

Inland

NBN technology

FTTN

Standard — fibre to node

Population density

697/km²

Suburban

Schools in postcode 3550

🏫10 Primary🎓2 Secondary📚3 Combined2 Special
ACARA 2025

🏫Primary (10)

St Therese's School

Catholic · Yrs Prep-6

ICSEA 1076

St Joseph's School

Catholic · Yrs Prep-6

ICSEA 1064

St Kilian's School

Catholic · Yrs Prep-6

ICSEA 1059

Spring Gully Primary School

Government · Yrs Prep-6

ICSEA 1056

Holy Rosary School

Catholic · Yrs Prep-6

ICSEA 1052

Quarry Hill Primary School

Government · Yrs Prep-6

ICSEA 1037

Kennington Primary School

Government · Yrs Prep-6

ICSEA 979

St Peter's School

Catholic · Yrs Prep-6

ICSEA 979

White Hills Primary School

Government · Yrs Prep-6

ICSEA 977

Lightning Reef Primary School

Government · Yrs Prep-6

ICSEA 858

🎓Secondary (2)

Catherine McAuley College

Catholic · Yrs 7-12

ICSEA 1055

Bendigo South East 7-10 Secondary College

Government · Yrs 7-10

ICSEA 1016

📚Combined (3)

Girton Grammar School

Independent · Yrs Prep-12

ICSEA 1148

Victory Christian College

Independent · Yrs Prep-12

ICSEA 1077

Creek Street Christian College

Independent · Yrs Prep-12

ICSEA 1063

Special (2)

DOXA School Bendigo

Catholic · Yrs 8-12

ICSEA 961

Kalianna School

Government · Yrs U

ICSEA 895

ICSEA measures the socio-educational background of each school's student community — not academic results or school quality. National average = 1000. Source: ACARA My School 2025.

Liveability & safety

Safety index

Safe
90/ 100

4.8 offences / 100 persons

Source: VIC Crime Statistics Agency · Dec 2025

School quality

Average
1021ICSEA · national avg 1000

17 schools in postcode area

Source: ACARA My School 2025

Transit access

Limited
22/ 100
🚆 0 train🚌 6 bus

Source: State GTFS feeds

Gentrification signal

22

/ 100

Stable / no signal

Established suburb with stable demographics. Consistent demand but lower gentrification upside.

Composite: education premium · youth cohort · rental activity · price gap · transit quality

Environmental risk

🌊

Flood risk

none

Source: State GIS flood zone data

🔥

Bushfire risk

low

Source: CFA / RFS / DFES zone data

⛈️

Storm risk

none

Coastal exposure + state climate

Live suburb intelligence

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Location

Properties in WEST BENDIGO

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