Bendigo Housing Market Update: What Consumers and Residents Need to Understand

Bendigo recorded a median house price of $610,000 and a median unit price of $475,000 in Q4 2025. Annual growth stood at 5.2 percent for houses and 8.0 percent for units during that period. These figures give residents a clear baseline for assessing current listings and future moves.

Why the figures matter now

Residents planning purchases, sales or lease renewals need context on supply and demand. Total house sales rose 14.1 percent in Q4 2025 while unit sales fell 19.4 percent. The contrast points to tighter availability in the detached housing segment that many families seek.

Rental conditions for tenants and landlords

Rental vacancy rates sat at 1.8 percent in December 2025. That rate was lower than Melbourne Metro’s 2.0 percent. House rental yields reached 3.9 percent and the median weekly rent rose 5.7 percent to $460. Tenants face limited choice while landlords see steady income potential.

Construction pipeline and interest rate outlook

The city plans approximately $1.2 billion of new construction projects commencing in 2026. Bendigo Bank economists expect the RBA cash rate to remain unchanged throughout 2026. Current market sentiment shows prices on the move amid strong buyer demand, keeping Bendigo among the top performing regional municipalities nationally despite short-term fluctuations.

Practical steps for residents

Households reviewing budgets can compare the Q4 2025 medians against listings they inspect. Those considering a move should weigh the low vacancy rate against their own timeline. Monitoring announcements on the planned construction projects will help gauge future supply. Residents can also review updates from Bendigo Bank for any shifts in rate expectations that affect borrowing costs.