Regional Victoria · 3550 · 150 km from CBD

Buyer's Agent in Bendigo

Bendigo is a regional market we research rather than one we have transacted in — we hold no tracked settlements here, so the figures on this page are market research, not our own record. The $630M hospital expansion and $140M GovHub are committed public projects adding employment. At $475K with $420/wk rent the gross yield is 4.60% before land tax, management, insurance, maintenance, vacancy and interest. The hospital and government investment create a more resilient economic base than many regional towns.

Avg Purchase

$475K

$400,000 – $550,000

Avg Rent

$420/wk

$380 – $480/wk

Avg Yield

4.60%

4.16% – 5.26%

Avg Land

600 sqm

500 – 800 sqm

Avg Capital Gain

$40K

Per property

Properties Tracked

In our portfolio

Granny flat ROI in Bendigo

See where Bendigo ranks among 400+ Victorian suburbs for a 60m² granny flat: modelled build outlay, net weekly rent uplift, gross yield on outlay, payback years and the share of lots clearing the 300m² VC253 minimum. Modelled estimates — not financial advice.

Why Invest in Bendigo?

1

Victoria's fastest-growing regional city

2

Bendigo Hospital ($630M expansion) driving employment

3

La Trobe University campus ensures student rental demand

4

Under 2% vacancy rate

5

New $140M Bendigo GovHub bringing government jobs

Living in Bendigo

Transport

V/Line Bendigo line — 100 min to Southern Cross. Calder Freeway connects to Melbourne.

Schools

La Trobe University Bendigo, Bendigo Senior Secondary College, Girton Grammar. Strong education infrastructure.

Schools in Bendigo(12 schools indexed)

View on map →

Sourced from ACARA MySchool 2025 + Department of Education Victoria. Primary schools ranked by NAPLAN Year 5 reading + numeracy mean against all 1,285 ranked Victorian primaries. Secondary schools ranked by VCE 2025 40+ score % against all 607 Victorian secondaries.

Girton Grammar School

Independent
Prep-121,195 students111 teaching staff
VIC #59 · VCEICSEA 1148 (95%ile)LBOTE 23%

Catherine McAuley College

Catholic
7-121,567 students141 teaching staff
VIC #202 · VCEICSEA 1055 (70%ile)LBOTE 8%

Bendigo Senior Secondary College

Government
10-121,918 students158 teaching staff
VIC #274 · VCEICSEA 1003 (48%ile)LBOTE 12%

Spring Gully Primary School

Government
Prep-6426 students37 teaching staff
VIC #761/1,285 · NAPLAN Y5ICSEA 1056 (71%ile)LBOTE 5%

Camp Hill Primary School

Government
Prep-6251 students28 teaching staff
VIC #770/1,285 · NAPLAN Y5ICSEA 1040 (64%ile)LBOTE 16%

St Kilian's School

Catholic
Prep-6268 students25 teaching staff
VIC #887/1,285 · NAPLAN Y5ICSEA 1059 (72%ile)LBOTE 13%

Bendigo Primary School

Government
Prep-6196 students18 teaching staff
VIC #921/1,285 · NAPLAN Y5ICSEA 1005 (49%ile)LBOTE 11%

Lightning Reef Primary School

Government
Prep-6165 students23 teaching staff
VIC #1,257/1,285 · NAPLAN Y5ICSEA 858 (5%ile)LBOTE 43%

Bendigo South East 7-10 Secondary College

Government
7-101,030 students97 teaching staff
ICSEA 1016 (54%ile)LBOTE 9%

Creek Street Christian College

Independent
Prep-12457 students51 teaching staff
ICSEA 1063 (73%ile)LBOTE 18%

DOXA School Bendigo

Catholic
8-1247 students7 teaching staff
ICSEA 961 (29%ile)LBOTE 0%

Weeroona College Bendigo

Government
7-12812 students84 teaching staff
ICSEA 940 (21%ile)LBOTE 10%

Infrastructure & Amenities

Bendigo Hospital ($630M expansion), GovHub ($140M), Marketplace Bendigo, Central Deborah Gold Mine, Bendigo Art Gallery.

Demographics

Growing regional city — healthcare workers, government employees, university students. Historical gold rush heritage with vibrant arts scene.

Ready to Invest in Bendigo?

Our team has sourced multiple properties in Bendigo. Book a free strategy call to discuss your investment goals.

Frequently asked questions

Is Bendigo a good suburb to invest in?

Bendigo is a regional market we research rather than one we have transacted in — we hold no tracked settlements here, so the figures on this page are market research, not our own record. The $630M hospital expansion and $140M GovHub are committed public projects adding employment. At $475K with $420/wk rent the gross yield is 4.60% before land tax, management, insurance, maintenance, vacancy and interest. The hospital and government investment create a more resilient economic base than many regional towns. That is our assessment based on our own transaction record — historical data, not a forecast.

How much does an investment property cost in Bendigo?

The average investor purchase price we record in Bendigo 3550 is $475K, within an observed range of $400,000 – $550,000. We have no tracked transactions in this suburb yet — the figures are research rather than transaction history.

What is the rental yield in Bendigo?

The average gross rental yield we record in Bendigo is 4.60%, across an observed range of 4.16% – 5.26%. Gross means before land tax, management fees, insurance, maintenance, vacancy and loan interest — every one of which reduces the number.

How much weekly rent does a property in Bendigo earn?

The average weekly rent we record in Bendigo is $420, across a range of $380 – $480/wk. Rent varies with house type, land size and condition — these are rents actually achieved on properties we track, not appraisals.

How big are the blocks in Bendigo?

The average land size we record in Bendigo is 600 sqm, within a range of 500 – 800 sqm. Land size is what decides small second dwelling feasibility in Victoria — the Amendment VC253 permit exemption threshold is 300 sqm.

Can you build a granny flat in Bendigo?

Bendigo is in Victoria, so Amendment VC253 applies: no planning permit is usually required where the lot is in the RGZ, GRZ or NRZ, is larger than 300 sqm, the second dwelling is 60 sqm or less, and there is only one existing dwelling on the lot. The average block in Bendigo is 600 sqm. Overlays and restrictive covenants can independently trigger a permit and must be checked lot by lot.

What is driving property growth in Bendigo?

The drivers we record for Bendigo are: Victoria's fastest-growing regional city; Bendigo Hospital ($630M expansion) driving employment; La Trobe University campus ensures student rental demand; Under 2% vacancy rate. Those are verifiable facts about the area; what they do to future prices is not something anyone can guarantee.

How far is Bendigo from the Melbourne CBD and what is the transport like?

Bendigo is about 150 km from the Melbourne CBD. V/Line Bendigo line — 100 min to Southern Cross. Calder Freeway connects to Melbourne.

What are the schools like in Bendigo?

La Trobe University Bendigo, Bendigo Senior Secondary College, Girton Grammar. Strong education infrastructure. This page indexes 12 schools in Bendigo, with primary schools ranked statewide by 2025 NAPLAN Year 5 reading and numeracy mean and secondary schools by VCE 40+ score percentage, sourced from ACARA MySchool and the Victorian Department of Education.

What is the demographic profile of Bendigo?

Growing regional city — healthcare workers, government employees, university students. Historical gold rush heritage with vibrant arts scene.

What infrastructure and amenities does Bendigo have?

Bendigo Hospital ($630M expansion), GovHub ($140M), Marketplace Bendigo, Central Deborah Gold Mine, Bendigo Art Gallery.

How many properties has PremiumRea bought in Bendigo?

We have no tracked transactions in Bendigo yet, so the figures on this page are a research profile rather than transaction history. We say so on the page rather than letting research data read like transaction data.

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