Thinking about buying in East Bendigo? Now could not be a better time, with 2411 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $686,000 with prices in this suburb ranging from $42,000 to $3,418,000. The aproximate distance to the coast is 128 Km.
Median Weekly Rent | $300.00 |
Median Monthly Mortgage | $1157.00 |
Median Persons Per Bedroom | 0.70 |
Average Household Size | 2.00 |
Average Age | 42.00 |
Average Income | $645.00 |
Average Cars Per Dwelling | 1.43 |
Average Properties Within 50M | 11 |
1 Bed  $421,000 |
2 Bed  $444,000 |
3 Bed  $623,000 |
4 Bed  $1,022,000 |
5 Bed  $1,044,000 |
6 Bed+$1,821,000 |
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine East Bendigo due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in East Bendigo provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in East Bendigo to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in East Bendigo we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make East Bendigo a better buying opportunity than it may have been in the past.
UNIT 2, 26 STRICKLAND RD, EAST BENDIGO, VIC, 3550 | 3 | 2 | 2 | $485,000 - $510,000 | |
16 CASEY ST, EAST BENDIGO, VIC, 3550 | 3 | 1 | 1 | $440,000 - $460,000 | |
83 MCIVOR RD, EAST BENDIGO, VIC, 3550 | 4 | 2 | 2 | $545,000 | |
124 CASEY ST, EAST BENDIGO, VIC, 3550 | 4 | 1 | 2 | $575,000 - $605,000 | |
12 PATRICK ST, EAST BENDIGO, VIC, 3550 | $530,000 - $580,000 | ||||
73A POWELLS AV, EAST BENDIGO, VIC, 3550 | 6 | 3 | 6 | $775,000 to $835,000 |
Weeroona College Bendigo
Holy Rosary School
Doxa School Bendigo
St Kilian's School
White Hills Primary School
St Therese's School
Bendigo Senior Secondary College
Kennington Primary School
Camp Hill Primary School
Catherine McAuley College
(While the above schools are located with the suburb of East Bendigo there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Sept | 1.7 | 4.9 | 17.6 | 44.7 | 93.5 | 3.5 | 15.7 |
Oct | 1.3 | 7.5 | 22.0 | 35.4 | 88.4 | 3.9 | 21.1 |
Nov | 1.5 | 10.4 | 25.5 | 30.0 | 85.5 | 4.1 | 24.6 |
Dec | 0.7 | 12.6 | 29.0 | 23.1 | 78.0 | 4.4 | 28.3 |
Jan | 0.7 | 14.8 | 32.2 | 20.9 | 75.6 | 4.4 | 27.3 |
Feb | 1.0 | 14.8 | 30.1 | 27.0 | 79.4 | 4.2 | 23.0 |
Mar | 1.5 | 12.4 | 26.3 | 33.4 | 83.7 | 3.7 | 18.2 |
Apr | 1.5 | 8.8 | 21.8 | 40.1 | 88.3 | 3.2 | 13.4 |
May | 1.6 | 5.7 | 16.9 | 53.1 | 94.8 | 2.8 | 9.7 |
Jun | 1.7 | 3.7 | 13.6 | 62.0 | 96.8 | 2.6 | 8.0 |
Jul | 1.8 | 3.0 | 12.9 | 62.2 | 97.0 | 3.0 | 7.8 |
Aug | 1.5 | 3.3 | 14.3 | 53.4 | 96.0 | 3.2 | 11.1 |
source: Australian Government Bureau of Meteorology
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