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Suburb Insights ยท VIC 3352

Bunkers Hill 3352, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Bunkers Hill is a regional centre in Victoria, Australia, with a population of approximately 270, making it a boutique locality. Located approximately 110 km from the Melbourne CBD, Bunkers Hill is a regional area in Victoria. The median household income is $107,016 AUD per year (ABS 2021 Census).

Investment Score

45 / 100 Moderate

Bunkers Hill 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 Bunkers Hill, Victoria, Australia.

Key Indicators

Postcode
3352

Official Australia Post postcode for Bunkers Hill. A postcode may cover multiple suburbs.

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Population
270

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

ABS Census Data โ†’
Median Rent (weekly)
$335/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
$107,016/yr

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

ABS Census Data โ†’
Distance to CBD
110 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)
$1,474/mo

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

ABS Census Data โ†’
Dwelling Type
97% 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, Bunkers Hill 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 $335/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,474/month. A median household income of $107,016/year supports premium property values and indicates a well-employed resident base. 97% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

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

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Rental Yield

Expect competitive but not exceptional rental returns in Bunkers Hill's current market.

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Renovation / Flip

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

Risk Factors

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Full Property Analysis

30-year projections for Bunkers Hill

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Price movement in Bunkers Hill is expected to be flat to modest in 2026, reflecting broader regional market conditions. Landlords in Bunkers Hill may face longer tenant search times; competitive pricing will be important. Investor sentiment toward Bunkers Hill is currently lukewarm โ€” value hunters may find opportunity here.

Frequently Asked Questions

Is Bunkers Hill a good suburb for investment?

Bunkers Hill is a regional area in Victoria with a population of 270. The median rent is $335/week and the median household income is $107,016/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 Bunkers Hill?

Key demand drivers in Bunkers Hill include regional employment hubs, lifestyle, and affordability. 97% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Bunkers Hill?

According to the ABS 2021 Census, Bunkers Hill has a population of approximately 270. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Bunkers Hill from the Melbourne CBD?

Bunkers Hill is approximately 110 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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