Free full calculator โ†’
Suburb Insights ยท VIC 3551

Bagshot 3551, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Bagshot is a regional centre in Victoria, Australia, with a population of approximately 355, making it a boutique locality. Located approximately 139 km from the Melbourne CBD, Bagshot is a regional area in Victoria. The median household income is $90,480 AUD per year (ABS 2021 Census).

Investment Score

40 / 100 Weak

Strong household incomes in Bagshot underpin solid property demand. Distance from major centres is a consideration, though regional markets can offer higher rental yields.

Location

Map shows Bagshot, Victoria, Australia.

Key Indicators

Postcode
3551

Official Australia Post postcode for Bagshot. A postcode may cover multiple suburbs.

Australia Post Postcode Finder โ†’
Population
355

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$400/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

State Rental Authority โ†’
Median Household Income
$90,480/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
139 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

Find schools near Bagshot on My School โ†’
Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,625/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
98% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

As a regional centre, Bagshot serves a wide catchment area. Regional property can offer higher rental yields than metro equivalents, though investors should assess local employment diversity and infrastructure plans. The median rent of $400/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $1,625/month. The median household income of $90,480/year reflects a solid demographic, supporting sustainable rental demand. 98% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

โš ๏ธ
Buy & Hold

A buy-and-hold approach in Bagshot could work well with careful property selection and a longer time horizon.

โš ๏ธ
Rental Yield

Bagshot can deliver reasonable rental income, though yields are not the primary draw.

โŒ
Renovation / Flip

The resale market in Bagshot may not support quick-turnaround renovation projects.

Risk Factors

Run the numbers on a Bagshot property

Full Property Analysis

30-year projections for Bagshot

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

Create free account โ†’
Or jump straight to a calculator: Loan Serviceability First Home Buyer Grants

2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Bagshot faces a cautious growth outlook for 2026 โ€” investors should focus on yield rather than short-term gains. The rental pipeline in Bagshot is thinner โ€” flexible lease terms could help secure tenants faster. Bagshot is not a headline market, but contrarian investors may see long-term potential.

Frequently Asked Questions

Is Bagshot a good suburb for investment?

Bagshot is a regional area in Victoria with a population of 355. The median rent is $400/week and the median household income is $90,480/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Bagshot?

Key demand drivers in Bagshot include regional employment hubs, lifestyle, and affordability. 98% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Bagshot?

According to the ABS 2021 Census, Bagshot has a population of approximately 355. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Bagshot from the Melbourne CBD?

Bagshot is approximately 139 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). As a regional or remote location, travel to the capital is significant โ€” local amenities and employment are important investment considerations.

Explore Nearby Suburbs

Victoria Property Resources