Bendigo

VICTier 3KnownSlightly-NegativeMid· Grace window ⏱
50
/100
Policy
▼ DOWNGRADED
Rank #24

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.

Data noticeMarket metrics: 2026·Metrics are progressively reviewed and refreshed
Gross Yield
4.14%
Rent Growth
+3.6%
Price Growth
+2.4%
Vacancy
1.3%
Median Price
$640k
Weekly Rent
$510
Population
120k
Income Level
Med
NG Dependence
Medium
National Rank
#24
80% LVR at 6.5% interest. Indicative only.
Annual Rent
$26,520
Annual Interest
$33,280
Net Pre-Costs
$-6,760
NG Required?
Yes
At 3.6% annual rent growth. Model estimate only.
PeriodWeekly rentAnnual rentvs. InterestStatus
Now$510/wk$26,520$-6,760NG bridge
Year 1$528/wk$27,475$-5,805Near-pos
Year 2$547/wk$28,464$-4,816Near-pos
Year 3$567/wk$29,489$-3,791Near-pos
Year 4$588/wk$30,550$-2,730Near-pos

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.

Slightly negative cashflow — moderate NG dependence. VIC land tax changes (2024) add holding costs for investors with multiple properties — verify the land tax position for your specific portfolio. NG policy change from July 2027 adds further pressure. Melbourne cycle influences regional VIC. Data vintage 2026. Source: realestate.com.au median house. Verify independently before transacting.

4.1% yield at $640k = $26,520 annual rent vs $33,280 annual interest (80% LVR, 6.5%) = -$6,760 pre-cost. Slightly negative cashflow. VIC land tax adds to holding costs. Grace window applies for existing investors.

Bendigo Health — major regional hospital and employerLa Trobe University Bendigo campus — student demandRegional government services — stable public sector base
50 / 100
Rental yield signal
+11
Rental momentum
+7
Yield vs. price spread
+12
Supply tightness
+9
Economic fundamentals
+8
Market liquidity
+10
Discovery discount
-7
Policy adjustment+-2pts
Total score50

Benchmark Bendigo against up to 3 other suburbs side-by-side.

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Last reviewedJune 2026
Data vintage2026
ConfidenceHigh
StatusVerified

Model estimates only. Not financial advice. Verify independently.

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