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Suburb Insights · VIC 3820

Bona Vista, VIC 3820 Property Profile

ABS 2021 Census · Updated 21 May 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 per year.

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

Melbourne
Bona Vista
Victoria · 3820
98 km from Melbourne CBD
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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 the most recent census.

Median weekly rent
$285/wk

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$96,200/yr

Annual median household income (before tax) across all households.

Distance to CBD
98 km

Straight-line distance from the suburb centroid 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.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb.

Median monthly mortgage
$1,700/mo

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
100% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Investment Insight

Bona Vista is a smaller community of 107 — about 1% of the Victoria suburb median (7,416) — so investors should factor in the narrower buyer pool and longer average time-on-market. At $96,200/year, household income in Bona Vista is within 1% of the Victoria median ($95,160), placing the suburb firmly in the state's mainstream demographic band. Rent of $285/week (73% coverage of the $1,700/month median mortgage) leaves a gap of roughly $465/month that a typical investor bridges with negative gearing, depreciation and capital growth. Bona Vista is 98 km from Melbourne, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand. Separate houses make up 100% of dwellings — 22 percentage points above the Victoria median of 78% — pointing to a family-oriented, land-rich market where value is concentrated in the underlying block.

Bona Vista vs Victoria Median

How Bona Vista stacks up against the median of all Victoria suburbs in our dataset. Positive values mean Bona Vista sits above the state median; negative means below.

MetricBona VistaVIC medianΔ vs state
Population1077,416-99%
Median household income$96,200/yr$95,160/yr+1%
Median rent (weekly)$285$380-25%
Median mortgage (monthly)$1,700$1,950-13%
Distance to CBD98 km32 km+206%
Separate houses100%78%+22pp

Investor Checklist

Pre-inspection briefing for Bona Vista — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

Buy & Hold

Limited buy-and-hold upside: a small population of 107 means liquidity is thin and capital growth tends to lag the wider Victoria market over full cycles.

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Rental Yield

Moderate rental coverage: rent of $285/week covers 73% of a $1,700/month mortgage, leaving a $465/month gap that an investor bridges with equity, depreciation and tax benefits.

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Renovation / Flip

With 100% houses in a 107-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.

Risk Factors

Run the numbers on a Bona Vista property

Full Property Analysis

30-year projections for Bona Vista

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital-growth expectations for Bona Vista are modest for 2026 — incomes close to the VIC median of $95,160 and a population of 107 suggest gains will lag headline metro markets. Rental coverage runs at ~73% of the typical mortgage ($1,235/month rent vs $1,700/month repayment), leaving a manageable top-up for most investors. The EquitySight investment score of 40/100 places Bona Vista in the lower tier of Australian suburbs we profile, and overall investor sentiment is cautious heading into the second half of 2026.

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Frequently Asked Questions

Is Bona Vista a good suburb for investment?

Bona Vista scores 40/100 on our EquitySight investment framework — a weak rating. That score is driven by a population of 107, median household income of $96,200/year and median weekly rent of $285. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.

What drives property demand in Bona Vista?

The main demand drivers in Bona Vista are an above-state-median household income of $96,200/year, a dwelling mix that is 100% separate houses, roughly 1 schools and 1 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.

What is the population of Bona Vista?

Bona Vista has a usual resident population of approximately 107, compared with a Victoria suburb median of 7,416 — placing it in the lower half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.

How far is Bona Vista from the Melbourne CBD?

Bona Vista sits 98 km straight-line from the Melbourne CBD. This is a regional market where CBD distance is only indicative — local industry diversity and commute alternatives matter more.

What is the median rent in Bona Vista?

The most recent census recorded a median weekly rent of $285 in Bona Vista, equating to approximately $14,820/year in gross rental income (state median $380/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.

What is the typical mortgage repayment in Bona Vista?

The median monthly mortgage repayment in Bona Vista is $1,700, or approximately $20,400/year (vs $1,950/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.

Is Bona Vista cash-flow positive for investors?

A median weekly rent of $285 works out to $1,235/month, covering 73% of the median mortgage repayment of $1,700/month. That leaves a $465/month shortfall (around $5,580/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.

What are the main risks of investing in Bona Vista?

The main risks are a thin buyer pool (107 residents), interest-rate sensitivity on the $1,700 median mortgage, the broader Victoria market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.

How we built this Bona Vista profile

Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.

Nearby Suburbs

Victoria Property Resources