Interstate Buyers Drive Bendigo House Prices to $610,000 in Q4 2025

Bendigo recorded a median house price of $610,000 and a median unit price of $475,000 in Q4 2025, with annual house growth of 5.2% and unit growth of 8.0%.

Price Growth and Sales Patterns

Total house sales rose 14.1% to 412 in Q4 2025 while unit sales fell 19.4% to 79. These figures point to sustained demand for houses alongside limited unit supply. Buyers entering the market face competition in the house segment where sales volumes expanded.

Suburban Performance and Buyer Sources

California Gully, Ironbark and North Bendigo posted double-digit house price growth over three months and around 20% annually. Interstate buyer demand has supported this movement in those locations. Purchasers weighing options in these suburbs should review recent sales volumes against the broader city median to gauge entry points.

Infrastructure Pipeline and Market Context

The city plans approximately $1.2 billion in new construction projects commencing in 2026. This pipeline aligns with Bendigo's position as Victoria's second-largest regional economy. Buyers assessing longer-term value can note how these projects may influence surrounding areas without assuming immediate price effects.

Rental Indicators for Owner-Occupiers

House rental yields stood at 3.9% and vacancy rates at 1.8% in December 2025, both ahead of Melbourne Metro averages. The combination of solid yields and low vacancies signals ongoing rental demand. Prospective buyers who intend to rent out properties should compare these metrics against their own holding costs before purchase.

House sales volumes and interstate interest remain the clearest near-term drivers. Buyers should examine listings in high-growth suburbs against city-wide medians and review rental vacancy data when calculating affordability. The 2026 construction pipeline offers additional context for those planning multi-year ownership.

This article is general information only and is not personal financial or investment advice. Consider your own circumstances and seek licensed professional advice before making financial decisions.