Bendigo
VICTier 3Slightly-Negative
50
Signal score
VS
Darwin
NTTier 2Positive
52
Signal score

Research only. Not financial advice. Data: Q1 2025 indicative estimates from public sources. Verify independently.

Darwin: Yield Advantage
5.5% vs 4.1%
Bendigo: Tighter Rental Market
1.3% vs 2.1% vacancy
Darwin: Better Cashflow Position
Positive vs Slightly-Negative
Darwin: Budget Policy Resilient
No NG required (proposed changes pending legislation)
Darwin: Stronger Rent Momentum
+5.2% vs +3.6%

Darwin offers a materially higher gross yield (5.5% vs 4.1%), making it the stronger income candidate at current prices. Darwin achieves positive cashflow without negative gearing support, while Bendigo requires additional tax offset or rental growth to break even. Vacancy conditions favour Bendigo (1.3% vs 2.1%), indicating tighter rental demand relative to supply.

Research context only. Not financial advice. Both markets carry distinct risks specific to their location, employment base, and economic profile. Read the individual suburb research pages before drawing conclusions. All policy references reflect proposed changes subject to final legislation.

Metric
Bendigo
VIC · #30
Darwin
NT · #27
Gross Yield4.1%5.5%
Vacancy Rate1.3%2.1%
Median Price$640k$670k
Weekly Rent$510/wk$711/wk
Net pre-costs pa$-6,760+$2,132
CashflowSlightly-NegativePositive
Rent Growth 12m+3.6%+5.2%
Price Growth 12m+2.4%+4.8%
NG DependenceMediumNone
Discovery StatusKnownKnown
Population120k130k
Cycle StageMidStarting
Policy Impact▼ DOWNGRADED▲ STRONG UPGRADE
Signal Score50 / Tier 352 / Tier 2
Bendigo

Bendigo at $640k with $510/wk rent produces 4.1% gross yield — the strongest of the two Victorian the Melbourne commuter premium as a backstop. The VIC land tax changes add a holding cost layer for investors with multiple properties. Bendigo Health, La Trobe University, and regional government services provide stable employment anchors. Investment case is long-hold capital growth, not income.

Darwin

Darwin is the NT capital and a significant ADF hub: RAAF Base Darwin and Robertson Barracks in nearby Palmerston. Charles Darwin University and NT government services provide additional employment stability. At $670k and $711/wk rent, Darwin produces the strongest gross yield in this expansion set (5.5%) and is the only Round 2 market achieving positive cashflow at standard LVR. Vacancy at 2.1% is elevated by dataset standards — directional trend matters.

Bendigo: Sources

2026 median house data. Source: realestate.com.au. Data quality: imported. Verify before transacting.

Data vintage: 2026

Darwin: Sources

NT Govt/REINT Dec quarter 2025. Verified against PropTrack May 2026 ($707k direction). Data quality: imported.

Data vintage: 2026

The interactive tool lets you add up to 4 suburbs for a full side-by-side breakdown with score components.

Research only. Not financial advice. Data vintage Q1 2025 (indicative estimates from public sources). Verify all metrics independently with local property managers and licensed advisers before making any investment decision. All negative gearing and budget policy references reflect proposed changes subject to final legislation. Consult a registered tax adviser for personal tax position.