LGA · Victoria

City of Greater Bendigo

City of Greater Bendigo is a Local Government Area in Central Victoria, Victoria, approximately 150km from Melbourne.

Central Victoria 5yr avg p.a. 8.5% Avg yield 4.7% Last updated: 1 Jun 2026 · Data refresh

Overview

The big-picture read on Greater Bendigo as an investment market.

City of Greater Bendigo is a Local Government Area in Central Victoria, Victoria, approximately 150km from Melbourne.

Multimedia briefing (video / podcast / infographic) coming in next refresh, see the Watch · Listen · View section below.

Population, economy, and property market headlines.

Population

Suburbs tracked22

Annual sales194

Distance to CBD~150km

Economy

GRP$10.4B

Unemployment4.1%

Capital cityMelbourne

Property market

Median house$508K

Yield (avg)4.7%

5yr avg p.a.8.5%

Watch · Listen · View

Multimedia briefing pending, video explainer, podcast and infographic will be generated via NotebookLM and added in the next refresh.

Coming soon.

Top suburbs by 12-month house sales volume, with growth and rental data.

Suburb	12-mo sales	Median (house)	1yr	5yr avg p.a.	Yield	Vacancy
Kennington	62	$521K	+9%	+8%	4.5%	1.6%
Golden Square	61	$508K	+13%	+12%	4.5%	1.5%
Flora Hill	40	$426K	+2%	+4%	4.8%	0.5%
North Bendigo	31	$490K	+19%	+10%	5.0%	0.7%

Vacancy ≤3% (healthy) · 3-4% (watch) · >4% (caution) · volume bar scaled to highest-volume suburb in LGA.

Considerations flagged in the Hotspotting Location Report.

However, the Fosterville Gold Mine, about 25km east of the city, started operations in 2005 and has extended its mining licence to 2035.
With 38,000 new homes needed, the plan prioritises diverse housing types in well-serviced locations while limiting expansion into areas with environmental risks.
A property investment may not be suitable for all people and the information in this report does not take into account your individual suitability requirements or investment risk profile.