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Suburb Insights ยท VIC 3960

Bennison 3960, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Bennison is a regional centre in Victoria, Australia, with a population of approximately 42, making it a boutique locality. Located approximately 148 km from the Melbourne CBD, Bennison is a regional area in Victoria. The median household income is $58,500 AUD per year (ABS 2021 Census).

Investment Score

28 / 100 Weak

Household earnings in Bennison are below the state average, which may affect long-term capital growth. Distance from major centres is a consideration, though regional markets can offer higher rental yields.

Location

Map shows Bennison, Victoria, Australia.

Key Indicators

Postcode
3960

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

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Population
42

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

ABS Census Data โ†’
Median Rent (weekly)
N/A

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

State Rental Authority โ†’
Median Household Income
$58,500/yr

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

ABS Census Data โ†’
Distance to CBD
148 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.

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Parks & green spaces
1

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

Median Mortgage (monthly)
$1,526/mo

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

ABS Census Data โ†’
Dwelling Type
83% 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, Bennison 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. 83% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

Capital growth in Bennison may be constrained โ€” consider alternative strategies.

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Rental Yield

Bennison's rental market is softer โ€” budget for potential vacancy periods.

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Renovation / Flip

Limited buyer depth in Bennison makes flip strategies higher-risk โ€” consider rental conversion instead.

Risk Factors

Run the numbers on a Bennison property

Full Property Analysis

30-year projections for Bennison

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

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Price movement in Bennison is expected to be flat to modest in 2026, reflecting broader regional market conditions. The rental pipeline in Bennison is thinner โ€” flexible lease terms could help secure tenants faster. Sentiment is subdued, though improving local conditions could shift perceptions over time.

Frequently Asked Questions

Is Bennison a good suburb for investment?

Bennison is a regional area in Victoria with a population of 42. the median household income is $58,500/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 Bennison?

Key demand drivers in Bennison include regional employment hubs, lifestyle, and affordability. 83% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Bennison?

According to the ABS 2021 Census, Bennison has a population of approximately 42. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Bennison from the Melbourne CBD?

Bennison is approximately 148 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.

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