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Bentleigh East, VIC 3165

Home » VIC Real Estate Data » Glen Eira City, VIC » Bentleigh East, VIC 3165

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Bentleigh East, VIC 3165 located in Melbourne to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

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Rent 

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Yield 

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Buy 

1BR

2BR

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Rent 

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Yield 

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Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Bentleigh East, VIC 3165”

  1. The total adult population (15 years or older) of Bentleigh East 3165 VIC is 24,008, with a median age of 40. Of those, 53.07% are married, 9.86% are divorced or separated, 32.23% are single and 4.86% are widowed.

    The average household size is 2.7 people per dwelling, and the median household monthly income is estimated to be $10,560. The median monthly mortgage repayment for households in this suburb is $2,500 which is 23.67% of their earnings.

    Source: ABS Census Data (2021)

  2. Delving into the heart of Victoria, nestled is the suburb of Bentleigh East 3165 – a buzzing locale estimated to be home to around 13,072 households. As we step into the third quarter of 2023, the typical property prices for houses in this region are witnessed to be approximately $1,485,267. Accompanying these high property prices, the median weekly rent sits at a comfortable $657. This seemingly attractive tandem pushes out an indicative yield of 2.3%, slightly below the minimum attractive market requirement, highlighting this market as not entirely cashflow-centric for property investors.

    Economically, this locale comfortably holds an IRSAD score of 1090 out of 1217. This score suggests a fairly prosperous socio-economic status with solid access to an array of economic resources. A neighbourhood driven by homeowners, Bentleigh East 3165’s renter to owner ratio is up to 24%, a beneficial statistic for future returns in this particular property market.

    Moving on, a strong indication of Bentleigh East’s rental competition can be gauged through the units to houses ratio, which comes in at 22% – much below the higher risk investment area of 51%, signifying a profitable chance for landlords seeking tenants.

    However, a slightly challenging aspect of this market is its Affordability Index. Standing at 55 years, this suggests the estimated span for residents to fully own a property is slightly higher than average, inhibiting a certain layer of potential investors.

    In terms of supply metrics, the suburb presents a healthy stock on the market percentage of 0.16% for houses , showcasing an accommodating market for prospective buyers and indicating a favourable demand-supply balance. Similarly, the inventory level for houses is noted to be 0.52 months, assuring a quick absorption rate of new listings.

    Adding further, the building approvals ratio for houses is modest at 0.62%, eliminating an oversaturation of new dwellings. This ensures a stabilised market, thereby reducing the risk of potential price drops. The intriguingly short days on the market indicator, which averages at 24 for houses, perfectly complements the low vacancy rate of 1.69%. These figures demonstrate a high demand with limited supply.

    Yet, a point of deliberation in this locale is its buy search index for houses, coming in at 3, indicating a restricted demand. Investors are advised to view this in conjunction with the favourable majority of other metrics to form a comprehensive understanding of Bentleigh East’s property market.

    Be it the investor seeking capital gains or the buyer aiming for a dream home, staying abreast with these property market trends is crucial. While a few metrics sit in the unfavourable ranges, the incorporation of the RCS metric aids in offsetting these limitations and can serve as a guiding compass in your investment decisions.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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