It is approximately 131 kilometres (82 mi) from the state capital of Melbourne.
Bendigo had an urban population of 76,051 on the 2006 Census night and is currently the fourth most populous city in Victoria with a estimated statistical district population of 88,031 in 2008, making it the state's second largest inland city. The Greater Bendigo municipality includes some nearby towns and was home to 93,252 people on the 2006 census night
i think Bendigo is looking good for a growth spurt. Yields are high, vacancies are low (spoke to an agent the other day and he said their vacancy rate is close to zero - as soon as they get one it is snapped up) and prices are reasonable.
I just wanted to open this thread again and see if anything has changed. I'm hoping to invest in a property in bendigo with my main criteria being properties under 300.
I'm looking for long term capital growth and high yield so my out of pocket expense is minimal. I'm also looking for large land size for future development opportunities so around 700sq.m - 1000sq.m.
Could I please get everyone's opinions on what suburbs are good and what suburbs are best avoided?
Thanks for your time guys.