Suburb Overview
Bonnie Brook is a regional centre in Victoria, Australia, with a population of approximately 333, making it a boutique locality. Located approximately 28 km from the Melbourne CBD, Bonnie Brook is a regional area in Victoria. The median household income is $84,500 per year.
Location
Key Indicators
Postcode
3335
Postcode for Bonnie Brook, from a community postcode dataset cross-checked against Australia Post. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →
Population
333
Usual resident population at the most recent census.
Median weekly rent
$381/wk
Median weekly rent recorded at the 2021 Census — market rents have risen since, so treat this as a dated baseline, not a current figure.
Median household income
$84,500
Annual median household income (before tax) across all households.
Distance to CBD
28 km
Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.
Housing
Median monthly mortgage
$2,248/mo
Monthly median mortgage repayment for households currently paying off a mortgage.
Home type
73% houses
Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.
Investment Insight
Bonnie Brook is a smaller community of 333 — about 4% of the Victoria suburb median (7,416) — so investors should factor in the narrower buyer pool and longer average time-on-market. Household income of $84,500/year is 11% below the Victoria median of $95,160, typically translating into lower entry prices and a tenant base more sensitive to rent increases. At the 2021 Census, rent of $381/week covered 73% of the $2,248/month median mortgage recorded at the same Census, leaving a gap of roughly $597/month at the time. Rents and repayments have both risen since — re-run the numbers with current figures before drawing conclusions. At 28 km from Melbourne, Bonnie Brook is an outer-metro location where buyers are typically trading commute time for floor space and a lower entry price.
Bonnie Brook vs Victoria Median
How Bonnie Brook stacks up against the median of all Victoria suburbs in our dataset. Positive values mean Bonnie Brook sits above the state median; negative means below.
| Metric | Bonnie Brook | VIC median | Δ vs state |
|---|---|---|---|
| Population | 333 | 7,416 | -96% |
| Median household income | $84,500/yr | $95,160/yr | -11% |
| Median rent (weekly, 2021 Census) | $381 | $380 | 0% |
| Median mortgage (monthly, 2021 Census) | $2,248 | $1,950 | +15% |
| Distance to CBD | 28 km | 32 km | -12% |
| Separate houses | 73% | 78% | -5pp |
Investor Checklist
Pre-inspection briefing for Bonnie Brook — every item is derived from public datasets, with full citations in our data sources page.
- Market depth: 333 residents — 4% of the VIC suburb median (7,416).
- Purchasing power: median household income $84,500/year (-11% vs Victoria suburb median of $95,160).
- Cash-flow coverage (2021 Census): $381/week rent (≈ $1,651/month) covered ~73% of the $2,248/month median mortgage at the 2021 Census — verify against current rents and rates.
- CBD access: 28 km straight-line from Melbourne (state suburb median 32 km).
- Dwelling mix: 73% separate houses — house-dominant market (vs 78% state median).
- Rate stress-test: budget ~$225/month extra for a 1-percentage-point RBA rate rise on top of the $2,248/month median repayment.
- Tenant rent burden: 23% of the median household income is spent on rent — comfortably affordable.
Investment Strategy
Limited buy-and-hold upside: a small population of 333 means liquidity is thin and capital growth tends to lag the wider Victoria market over full cycles.
Moderate rental coverage at the 2021 Census: rent of $381/week covered 73% of a $2,248/month mortgage, a $597/month gap bridged with equity, depreciation and tax benefits. Re-check with current rents and rates before committing.
With 73% houses in a 333-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
- Interest-rate sensitivity: the $2,248/month median mortgage in Bonnie Brook means a 1-percentage-point RBA rate rise could add roughly $225/month to repayments, reducing buyer borrowing capacity and cooling prices.
- Liquidity risk: with 333 residents, Bonnie Brook has a thinner pool of buyers and tenants than larger suburbs. Expect longer days-on-market on resale and budget for potential vacancy gaps between tenancies.
- Bonnie Brook is 28 km from the CBD — not close enough to benefit from the inner-ring pricing halo, so growth depends more heavily on local infrastructure decisions and the wider Victoria market cycle.
- Regulatory risk: changes to Australian tax settings (negative gearing, CGT discount, foreign-buyer surcharges, land-tax thresholds) could reshape after-tax returns in Bonnie Brook regardless of local market conditions.
- Market cycle risk: property markets are cyclical, so stress-test your projections in Bonnie Brook with a 10–15% price pullback scenario before committing capital — returns to date are not a guarantee of future performance.
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Start your first-home journey →2026 Outlook
Capital-growth expectations for Bonnie Brook are modest for 2026 — incomes 11% below the VIC median of $95,160 and a population of 333 suggest gains will lag headline metro markets. At the 2021 Census, rental coverage ran at ~73% of the typical mortgage ($1,651/month rent vs $2,248/month repayment), leaving a manageable top-up for most investors. Verify against current rents and rates. Overall investor sentiment for Bonnie Brook is cautious heading into the second half of 2026, based on its income, rent and mortgage profile relative to the Victoria median.
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Frequently Asked Questions
Is Bonnie Brook a good suburb for investment?
Whether Bonnie Brook suits you depends on your strategy, but the fundamentals are concrete: a population of 333, a median household income of $84,500/year and median weekly rent of $381. Weigh those against your goal — cash flow, capital growth, or a value-add renovation — each of which we break down with suburb-specific ABS numbers elsewhere on this page.
What drives property demand in Bonnie Brook?
The main demand drivers in Bonnie Brook are a median household income of $84,500/year, a dwelling mix that is 73% separate houses. Together these shape both owner-occupier and tenant demand.
What is the population of Bonnie Brook?
Bonnie Brook has a usual resident population of approximately 333, 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 Bonnie Brook from the Melbourne CBD?
Bonnie Brook sits 28 km straight-line from the Melbourne CBD. This is an outer-metro location; local employment and infrastructure announcements tend to move prices more than CBD connectivity alone.
What is the median rent in Bonnie Brook?
The most recent census recorded a median weekly rent of $381 in Bonnie Brook, equating to approximately $19,812/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 Bonnie Brook?
The median monthly mortgage repayment in Bonnie Brook is $2,248, or approximately $26,976/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 Bonnie Brook cash-flow positive for investors?
A median weekly rent of $381 works out to $1,651/month, covering 73% of the median mortgage repayment of $2,248/month. That leaves a $597/month shortfall (around $7,164/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 Bonnie Brook?
The main risks are a thin buyer pool (333 residents), interest-rate sensitivity on the $2,248 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 Bonnie Brook profile
The population, postcode, median household income, and dwelling mix on this page are real figures from the ABS 2021 Census (income is the ABS median weekly household income annualised) and Australia Post. Distance to the CBD is calculated from the suburb's ABS centroid. The Census median rent and mortgage repayment are 2021 figures and are clearly labelled as such wherever they appear — they are five years old and have moved substantially since. We do not publish an investment score or school/park counts for this suburb. See our methodology and data sources for exactly what's measured and what's estimated.