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Suburb Insights ยท VIC 3888

Bonang 3888, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Bonang is a regional centre in Victoria, Australia, with a population of approximately 52, making it a boutique locality. Located approximately 333 km from the Melbourne CBD, Bonang is a regional area in Victoria. The median household income is $39,624 AUD per year (ABS 2021 Census).

Investment Score

23 / 100 Weak

Lower income levels in Bonang typically translate to more affordable entry points for investors. Distance from major centres is a consideration, though regional markets can offer higher rental yields.

Location

Map shows Bonang, Victoria, Australia.

Key Indicators

Postcode
3888

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

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Population
52

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
$39,624/yr

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

ABS Census Data โ†’
Distance to CBD
333 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)
$1,850/mo

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

ABS Census Data โ†’
Dwelling Type
81% 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, Bonang 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. 81% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

Long-term holding in Bonang requires careful assessment of local economic resilience.

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Rental Yield

Rental yields in Bonang tend to be lower โ€” investors may need to rely on capital growth instead.

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Renovation / Flip

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

Risk Factors

Run the numbers on a Bonang property

Full Property Analysis

30-year projections for Bonang

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

Capital growth in Bonang may remain subdued in 2026, with limited demand drivers in the near term. The rental pipeline in Bonang is thinner โ€” flexible lease terms could help secure tenants faster. Investor sentiment toward Bonang is currently lukewarm โ€” value hunters may find opportunity here.

Frequently Asked Questions

Is Bonang a good suburb for investment?

Bonang is a regional area in Victoria with a population of 52. the median household income is $39,624/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 Bonang?

Key demand drivers in Bonang include regional employment hubs, lifestyle, and affordability. 81% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Bonang?

According to the ABS 2021 Census, Bonang has a population of approximately 52. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Bonang from the Melbourne CBD?

Bonang is approximately 333 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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