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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 growth 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.

Key numbers

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 growth p.a.8.5%

How Greater Bendigo scores as an investment area

Six structural axes the StratMap matching engine scores every LGA on. These are the same six axes the tracker uses to match clients to areas. Click any axis to see what it measures.

How to read this radar
We start the area read at LGA level because infrastructure spend, jobs anchors, population trajectory and market depth are LGA-scale phenomena — the structural signals that decide whether an area is worth being in at all.
Once we're satisfied with the LGA-level shape, we narrow to suburb level (vacancy by pocket, growth corridors, owner-occupier depth) — covered in the "Suburbs to know" grid below.
The radar opposite is the "is this corridor worth our attention?" read — not the "which house do I buy" read. Both reads matter; this report walks you through them in order.
Growth 5/5 Yield 4/5 Rental Demand 4/5 Resilience 4/5 Liquidity 2/5 Affordability 5/5
Growth5/5
What this axis measures

Captures historical capital growth (5-year average) and forward potential.

Yield4/5
What this axis measures

Gross rental return — house yield averaged across the LGA suburbs.

Demand / Supply4/5
What this axis measures

Rental tightness and vacancy balance across suburbs in this LGA.

Resilience4/5
What this axis measures

Economic depth, employment diversity, owner-occupier share, and unemployment.

Liquidity2/5
What this axis measures

Annual transaction volume — how many houses change hands across the LGA.

Affordability5/5
What this axis measures

Distance to capital CBD + transport + employment hubs, plus median entry price.

Headline infrastructure

Projects with dollar values surfaced from the Hotspotting Location Report.

$12M
From Hotspotting Location Report
Project #1
airport expansion, a $45 million redevelopment of the Bendigo Art Gallery and a $1
$250M
From Hotspotting Location Report
Project #2
Evergreen Waters project Dja Dja Wurrung & Taungurung Country 3 / 21 67% Own/buying 0% 5% 10% 15% 20% Health care Construction Retail Education Manufacturing Loan occupiers 27
$10.4B
From Hotspotting Location Report
Project #3
, a significant increase on the 2019 figure of $7
Watch · Listen · View

Three ways into the Greater Bendigo thesis

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

Coming soon.

Suburbs to know

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

Suburb12-mo salesMedian (house)1yr5yrYieldVacancy
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.

Risks to be aware of

Considerations flagged in the Hotspotting Location Report.

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