City of Greater BendigoEconomic profile
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City of Greater Bendigo

Housing prices

At June 2016, the median house valuation in the City of Greater Bendigo was $119,071 lower compared to Victoria.

This indicator shows the value of houses and units in the City of Greater Bendigo and wider region during the period 2011-2016. Housing values are an indicator of the level of demand for housing in the area, as well as the type of housing available. Housing demand may be related to the desirability of the area and proximity to major employment destinations.

Value of houses
Value of houses Victoria: $450,955 Victoria: $434,894 Victoria: $424,044 Victoria: $451,630 Victoria: $474,887 Victoria: $522,857 Victoria: $604,680 Regional VIC: $281,984 Regional VIC: $285,696 Regional VIC: $297,188 Regional VIC: $316,178 Regional VIC: $315,668 Regional VIC: $324,557 Regional VIC: $336,498 City of Greater Bendigo: $285,316 City of Greater Bendigo: $294,661 City of Greater Bendigo: $309,367 City of Greater Bendigo: $332,559 City of Greater Bendigo: $336,324 City of Greater Bendigo: $339,017 City of Greater Bendigo: $339,178
Source: Hometrack 2011-2016, Housing Valuation System
Value of units
Value of units Victoria: $410,576 Victoria: $395,676 Victoria: $386,032 Victoria: $423,673 Victoria: $438,867 Victoria: $463,503 Victoria: $496,468 Regional VIC: $220,453 Regional VIC: $226,874 Regional VIC: $231,066 Regional VIC: $241,638 Regional VIC: $241,751 Regional VIC: $243,427 Regional VIC: $253,305 City of Greater Bendigo: $211,691 City of Greater Bendigo: $223,855 City of Greater Bendigo: $230,198 City of Greater Bendigo: $244,937 City of Greater Bendigo: $245,169 City of Greater Bendigo: $247,997 City of Greater Bendigo: $256,737
Source: Hometrack 2011-2016, Housing Valuation System
Median housing value
HousesUnits
Year (at June)City of Greater BendigoRegional VICVictoriaCity of Greater BendigoRegional VICVictoria
2017$339,178$336,498$604,680$256,737$253,305$496,468
2016$339,017$324,557$522,857$247,997$243,427$463,503
2015$336,324$315,668$474,887$245,169$241,751$438,867
2014$332,559$316,178$451,630$244,937$241,638$423,673
2013$309,367$297,188$424,044$230,198$231,066$386,032
2012$294,661$285,696$434,894$223,855$226,874$395,676
2011$285,316$281,984$450,955$211,691$220,453$410,576

Source: Hometrack 2011-2016, Housing Valuation System.

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