Bendigo is a suburb that has been discussed a lot amongst investors, with significant investor activity occurring in the area. As a suburb containing young and growing families, it is a well liked area that has strong population growth projected in the future.
Known for its gold rush history, it has a strong sense of heritage, and offers a laid-back environment for those wishing to experience a relaxed lifestyle, while still having solid facilities and transport links in the area. With investor activity surging and spring approaching, now might be the best time to explore open houses and secure a nice investment property in Bendigo.
We've summarised key suburb analytics below for your consideration. Want these great suburb analysis tools at your fingertips for any suburb? Register to our Professional plan now here for $49 per month - https://www.propertydirector.com.au/choose-plan.
Median Price / Capital Growth - $597,500, has seen 4.63% annual compound growth in the last 10 years
Rental Yield - 4.21%
Population - 5,648
Vacancy Rate - 1.87%
Vendor Discount Rate - -3.23%
Days on Market - 238 days