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Suburb Insights ยท VIC 3820

Bona Vista 3820, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Bona Vista is a regional centre in Victoria, Australia, with a population of approximately 107, making it a boutique locality. Located approximately 98 km from the Melbourne CBD, Bona Vista is a regional area in Victoria. The median household income is $96,200 AUD per year (ABS 2021 Census).

Investment Score

40 / 100 Weak

Bona Vista benefits from a high-income resident base, supporting premium property pricing. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.

Location

Map shows Bona Vista, Victoria, Australia.

Key Indicators

Postcode
3820

Official Australia Post postcode for Bona Vista. A postcode may cover multiple suburbs.

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Population
107

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

ABS Census Data โ†’
Median Rent (weekly)
$285/wk

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

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Median Household Income
$96,200/yr

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

ABS Census Data โ†’
Distance to CBD
98 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)
$1,700/mo

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

ABS Census Data โ†’
Dwelling Type
100% 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, Bona Vista 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 $285/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,700/month. The median household income of $96,200/year reflects a solid demographic, supporting sustainable rental demand. 100% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

Holding property in Bona Vista over the medium term may deliver steady, if unspectacular, returns.

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Rental Yield

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

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Renovation / Flip

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

Risk Factors

Run the numbers on a Bona Vista property

Full Property Analysis

30-year projections for Bona Vista

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 Bona Vista is expected to be flat to modest in 2026, reflecting broader regional market conditions. Landlords in Bona Vista may face longer tenant search times; competitive pricing will be important. Bona Vista is not a headline market, but contrarian investors may see long-term potential.

Frequently Asked Questions

Is Bona Vista a good suburb for investment?

Bona Vista is a regional area in Victoria with a population of 107. The median rent is $285/week and the median household income is $96,200/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 Bona Vista?

Key demand drivers in Bona Vista include regional employment hubs, lifestyle, and affordability. 100% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Bona Vista?

According to the ABS 2021 Census, Bona Vista has a population of approximately 107. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Bona Vista from the Melbourne CBD?

Bona Vista is approximately 98 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). Road travel times will vary; check current mapping services for up-to-date routes.

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