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Suburb Insights ยท VIC 3196

Bonbeach 3196, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Bonbeach is an outer-metropolitan suburb of Melbourne, Australia, with a population of approximately 6,855, making it a smaller community. Located approximately 31 km from the Melbourne CBD, Bonbeach is a outer metro area in Victoria. The median household income is $91,832 AUD per year (ABS 2021 Census).

Investment Score

58 / 100 Moderate

Bonbeach benefits from a high-income resident base, supporting premium property pricing. Greater distance from the CBD may temper short-term capital growth.

Location

Map shows Bonbeach, Victoria, Australia.

Key Indicators

Postcode
3196

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

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Population
6,855

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

ABS Census Data โ†’
Median Rent (weekly)
$391/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
$91,832/yr

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

ABS Census Data โ†’
Distance to CBD
31 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
2

Estimated 2 schools within or near this suburb based on ABS 2021 data.

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Parks & green spaces
3

Estimated 3 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$2,139/mo

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

ABS Census Data โ†’
Dwelling Type
36% 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

Bonbeach's outer-metropolitan position means more affordable entry points for investors, with potential for capital growth as infrastructure extends outward. Demand is often driven by young families seeking space and value. The median rent of $391/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $2,139/month. The median household income of $91,832/year reflects a solid demographic, supporting sustainable rental demand. With only 36% separate houses, Bonbeach has a significant apartment and unit market โ€” typical of inner-city investment corridors.

Investment Strategy

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Buy & Hold

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

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Rental Yield

Rental yields in Bonbeach are moderate โ€” screen for properties that offer above-average returns.

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Renovation / Flip

Renovation or flip strategies in Bonbeach face headwinds from a smaller buyer pool and slower turnover.

Risk Factors

Run the numbers on a Bonbeach property

Full Property Analysis

30-year projections for Bonbeach

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

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2026 Outlook

Growth: Moderate Rental Demand: Moderate Investor Sentiment: Moderate

Growth in Bonbeach through 2026 will likely be steady rather than spectacular, tracking the wider market. Rental demand is expected to be stable, though landlords may need to remain competitive on pricing. Bonbeach offers measured appeal for investors willing to look beyond headline metrics.

Frequently Asked Questions

Is Bonbeach a good suburb for investment?

Bonbeach is a outer metro area in Victoria with a population of 6,855. The median rent is $391/week and the median household income is $91,832/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 Bonbeach?

Key demand drivers in Bonbeach include affordability relative to inner suburbs and expanding infrastructure. 36% of dwellings are separate houses. The area has approximately 2 schools and 3 parks nearby.

What is the population of Bonbeach?

According to the ABS 2021 Census, Bonbeach has a population of approximately 6,855. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Bonbeach from the Melbourne CBD?

Bonbeach is approximately 31 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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