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Suburb profile ·Greater Bendigo LGA · VIC ·3550

Bendigo VIC 3550

Bendigo is in Greater Bendigo LGA, VIC, postcode 3550, with population 5,652.

Median house $540K -21.7% YoY
Median rent $470/wk Income-stretched rent market
Gross yield 4.5% Strong yield band
Population 5,652 6K local footprint
Schools 13 Matched school context
Decision trust

Strong evidence

Bendigo has enough direct local evidence for a first-pass decision.

Direct signals include Property prices, Market rent, Crime, and Schools. Missing or weaker areas are still shown so the page does not overstate precision.

8
Available
0
Verify
0
Missing
Income-stretched rent market

Weekly rent screens at about 46% of annual income. Income and rent use area-level data, so household-level affordability can differ.

Open matching rent ranking
Development momentum

582 latest-year approvals in Greater Bendigo, +0.0% YoY; population +1.0% YoY (1.1% 5yr).

Open development signals
COMPARE THIS SUBURB Use compare to test the suburb against another candidate, then validate financial assumptions in the calculator where available.
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Current status
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Source & freshness

QuickProperty mixes release files, Census baselines, and matched local services on this page. Read the status panel before treating every metric as equally fresh.

PRICE POSTURE
Manual release files still matter here.

Manual release files parsed into suburb prices

RENT POSTURE
Rent is using a state market dataset when available.

Use current rent as a starting signal, not as a fixed underwriting truth.

SERVICE POSTURE
Service coverage is matched locally, not inferred nationally.

Schools, transport, and hospitals are useful as presence signals, but they still have different source cadences.

Data status
Property prices
VIC Property Sales Report · 2023 · Manual release refresh
fragile source · automated · every update · annual
Available
Market rent
Homes Victoria · Sep 2025 · State market dataset
medium stability · automated · every update · quarterly
Available
Crime
VIC Crime Statistics Agency · Year ending Dec 2025 · Area-level release dataset
medium stability · mixed acquisition · mixed refresh · mixed
Available
Schools
ACARA 2025 · 13 schools matched
medium stability · manual file · snapshot · annual
Available
Hospitals
AIHW · 3 hospitals matched
medium stability · manual file · snapshot · mixed
Available
Transport
GTFS feeds · 81 matched stops/stations
medium stability · manual file · snapshot · mixed
Available
Population growth
ABS ERP · 2025 · Annual estimate series
stable source · automated · every update · annual
Available
Building approvals
ABS Building Approvals · 2026 · Annual release series
stable source · automated · every update · monthly
Available
Available means a direct local dataset is linked. Verify means coverage exists but freshness or precision is weaker, such as Census rent fallback or low-confidence hospital matching.
Rent signal

Income-stretched rent market

Weekly rent screens at about 46% of annual income. Snapshot rent $470/wk.

Income and rent use area-level data, so household-level affordability can differ.

Source level Suburb Confidence Medium Period Sep 2025
$470/wk
+6.8% YoY
Dec 2020 → Sep 2025 · 20 periods
Homes Victoria · Sep 2025
$470
$340
Dec 2020Sep 2025
Evidence depth
Strong evidence

Bendigo has enough direct local evidence for a first-pass decision.

Direct signals include Property prices, Market rent, Crime, and Schools. Missing or weaker areas are still shown so the page does not overstate precision.

Next step

Use compare to test the suburb against another candidate, then validate financial assumptions in the calculator where available.

Direct
8

Property prices, Market rent, Crime, Schools

Verify
0

No fallback or lower-precision signals flagged.

Missing
0

No major visible gaps in the current status panel.

Decision intelligence
Income-first

Bendigo currently reads as a income-first candidate with a affordability-first secondary angle.

Gross yield screens at about 4.5%. Entry price sits in the lower-cost range for a first-pass screen. No major decision caution is visible from the current evidence layer.

Recommended next step

Compare it against one challenger, then use the AU calculator to model the financial case.

Why it fits

Gross yield screens at about 4.5%. Entry price sits in the lower-cost range for a first-pass screen. School coverage gives the page a stronger family/livability signal.

What to check

No major caution is visible beyond the normal source checks.

Decisive gaps

No decisive evidence gap was detected from the current inputs.

Compare status

Compare-ready

Why people look here Intent
  • Buyers want a quick sense of price, schools, and neighbourhood scale before getting lost in data.
  • Investors want to know whether rent, yield, and affordability broadly support the suburb story.
  • Researchers want one place that ties property, demographics, transport, and services together.
Local signals Mixed
Schools: 13 matched, including Bendigo Senior Secondary College, Catherine McAuley College, Girton Grammar School.
Crime: 9,634 per 100k at the Greater Bendigo LGA level.
Transport: 81 matched stops/stations across local feeds.

Price history

HousesUnits

Full data detail

Bendigo VIC

Postcode 3550 · Greater Bendigo LGA

Bendigo is a mid-sized suburb in Victoria within the Greater Bendigo local government area (postcode 3550). With a population of 5,652, the suburb has an established demographic with a median age of 43. Households earn a median income of $74K per year, with an average household size of 2.1 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.0% year-on-year at the LGA level. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, community & personal service. Employment in the area leans toward healthcare and education. The top ancestries reported are English, Australian, Irish.

The median house price in Bendigo is $540,000, having dropped significantly 21.7% over the past year. Units have a median price of $478,000 (-0.5% YoY). The current median weekly rent is $470. This gives a gross rental yield of approximately 4.5%. The median monthly mortgage repayment is $1,482.

Bendigo is served by 13 schools, including 5 primary, 4 secondary, 2 combined, 2 special. The average ICSEA score is 1008, which is around the national average of 1,000. Public transport access includes 14 rail stations, 67 bus stops. Healthcare facilities include 2 public and 1 private hospitals. The crime rate in the Greater Bendigo LGA is higher than average at 9,634 incidents per 100,000 population.

From an investment perspective, Bendigo offers a gross rental yield of 4.5%, rated as moderate yield. Property prices sit below the state median ($540K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 7.3x is considered moderate. House prices have moved -21.7% year-on-year. Population growth of +1.0% year-on-year indicates stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.

Investment signals
Rental Yield4.5% Moderate Yield
Price vs State$540K/$875K Below Median
Affordability7.3x Moderate
Price Momentum-21.7% Falling
Pop. Growth+1.0% Stable
Development+0% Steady
Income (ATO 2022-23)
Median income$53,250
Mean income$64,728
Earners9,337
YoY change+5.1%
SEIFA index (ABS) — 1 = most disadvantaged, 10 = most advantaged
Advantage4/10
Education8/10
Economic1/10
Disadvantage5/10
Latest prices (state valuers)
Median house
$540K
-21.7% YoY
Median unit
$478K
-0.5% YoY
Census 2021 (ABS)
Median rent /wk
$290
Population
5,652
Demographics
Median age43
Household size2.1
HH income /wk$1,429
Personal income /wk$821
Mortgage /mth$1,482
Crime (Greater Bendigo LGA)
Crime rate (per 100k)9,634
Total incidents12,282
Transport
Rail stations14
Bus stops67
Bendigo Station
Bendigo Station/Railway Pl
Schools (13)
Avg ICSEA1008
Total students8,553
Government8
Catholic3
Independent2
Bendigo Senior Secondary CollegeSecondary · Government · ICSEA 1003
Catherine McAuley CollegeSecondary · Catholic · ICSEA 1055
Girton Grammar SchoolCombined · Independent · ICSEA 1148
Bendigo South East 7-10 Secondary CollegeSecondary · Government · ICSEA 1016
Weeroona College BendigoSecondary · Government · ICSEA 940
Hospitals (3)
Bendigo Health Care Group [Anne Caudle]public
St John of God Bendigo Hospitalprivate
The Bendigo Hospitalpublic
Population growth (Greater Bendigo LGA)
Population (2025)126,568
5-year growth+1.1% CAGR
YoY change+1%
Development (Greater Bendigo LGA)
Approvals (2026)582
Houses506
Units76
YoY change+0%
Data status
Property prices
VIC Property Sales Report · 2023 · Release dataset
Available
Market rent
State rent dataset · Sep 2025 · Market dataset
Available
Crime
VIC Crime Statistics Agency · Year ending Dec 2025 · LGA-level dataset
Available
Schools
ACARA 2025 · 13 schools matched
Available
Hospitals
AIHW · 3 hospitals matched
Available
Transport
GTFS · Stop-level feed
Available
Population growth
ABS ERP · 2025 · Annual estimate
Available
Building approvals
ABS Building Approvals · 2026 · Annual series
Available
Available means a local dataset is present. Verify means coverage exists but location confidence is limited.
Data: 2023
Sources: ABS Census 2021 · ABS dwelling prices · State Valuers General · ATO income · ACARA schools · AIHW hospitals · GTFS · state police

Bendigo FAQ

Common questions
  1. What LGA is Bendigo in?

    Bendigo is in the Greater Bendigo Local Government Area, VIC, postcode 3550. Council-level context for Greater Bendigo LGA (suburb mix, population, rent, and price coverage) is available on the QuickProperty LGA page.

  2. What is the median house price in Bendigo?

    The current median house price in Bendigo, VIC is $540K, based on the latest available sales data from state Valuers General offices and ABS Data by Region.

  3. What is the typical weekly rent in Bendigo?

    The median weekly rent in Bendigo is $470/wk, based on the current market rent dataset. The current rent signal is income-stretched rent market.

  4. What does the rent signal say about Bendigo?

    Income-stretched rent market: Weekly rent screens at about 46% of annual income. Use this as a suburb screening signal before comparing candidates or modelling a purchase; the matching rent ranking can provide broader market context.

  5. Is Bendigo a good investment?

    QuickProperty's investment signals for Bendigo show: Moderate Yield, Below Median, Moderate. These are computed from price, rent, income, and population data — not an opaque score.

  6. Where does QuickProperty get its data for Bendigo?

    Property prices come from state Valuers General offices and ABS Data by Region. Demographics are from ABS Census 2021. School ICSEA scores are from ACARA. Crime statistics are from state police agencies. Transport data is sourced from GTFS feeds.

  7. How often is the Bendigo data updated?

    Property prices update quarterly. RBA macro indicators update with each deploy. Demographics are from Census 2021. School ICSEA scores are from ACARA 2025.