Real Estate Budgerum East Vic 3579

Real Estate Market: Is Budgerum East VIC 3579 a Good Suburb to Buy Into?

Housing Supply in Budgerum East

Budgerum East Real Estate Investor Report

The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2002 - 2023

Budgerum East

67.3%

North West Vic

35.2%

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Suburbs

Field	Value	VS North West Vic	Trend
Development applications	0	Bottom 34%	Data for Jun 2018
Developments	47.6	Top 4%	Data for Jul 2023
Housing Stock Quality Indicator
Total new residential buildings value (SA2)	Premium	Premium	Premium
Stock on Market	0	Bottom 24%	Data for Mar 2025

Housing Stock Quality in Budgerum East

The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL and Microburbs, 2006 - 2023

	Field	Value	VS North West Vic	Trend
	Average bedrooms - all homes	2.0	Bottom 15%	to Jan 2021
	NBN connection: fibreoptic cable to node	0.0%	Bottom 37%	Data for Jun 2023

Development Restrictions in Budgerum East

Budgerum East Zoning Map

Sample Graphic

The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN and Microburbs, 2011 - 2023

Budgerum East

23.0%

North West Vic

28.7%

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Suburbs

	Field	Value	VS North West Vic	Trend
	Heritage overlay total area	0.0 sq km	Bottom 18%	Data for Jun 2023

Risk in Budgerum East

Budgerum East Risk Report

Sample Graphic

The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023

Budgerum East

43.8%

North West Vic

53.9%

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Suburbs

Field	Value	VS North West Vic	Trend
Housing Affordability Index	28	Bottom 34%	Data for Jun 2023
Rent Affordability Index (Houses)	80	Top 38%	Data for Jun 2023
Rent Affordability Index (Units)	77	Top 44%	Data for Jun 2023
Mortgage as a percent of income	0.0%	Bottom 6%	Data for Jan 2021

Housing Demand in Budgerum East

The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 2006 - 2030

Budgerum East

31.5%

North West Vic

45.0%

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Suburbs

Field	Value	VS North West Vic	Trend
Net overseas migration (LGA)	Premium	Premium	Premium
Future Population (SA2)	6350	Bottom 21%	4% to Dec 2036
Historical Population (SA3)	37700	Bottom 21%	5% to Dec 2023
Historical population growth	Premium	Premium	Premium
Population (LGA)	10000	Bottom 43%	15% to Dec 2030
Population Projection (LGA)	Premium	Premium	Premium
Proportion of distressed listings	Premium	Premium	Premium

LGA Details (1)

Headline	Place	Datetime
Local government area	Gannawarra

Percent of Renters by Street (2)

Percent of Renters	Street
0.0%	Fenton Ln
0.0%	Kerang-Quambatook Rd

Turnover Rate by Street (1)

Turnover rate	Street	Turnover Label	Turnover Years	Year
100.0%	Fenton Ln	high turnover	Every 10.0 years (high turnover)	2025

Recent Rental Unit Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Date
123 Fenton Ln	$200	3.0	1.0	04 Jan 2016
123 Fenton Ln	$200	3.0	1.0	04 Jan 2016
123 Fenton Ln	$200	3.0	1.0	04 Jan 2016
123 Fenton Ln	$200	3.0	1.0	04 Jan 2016
123 Fenton Ln	$200	3.0	1.0	04 Jan 2016

Recently Sold Units (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
123 Fenton Ln	$2,000,000	3.0	1.0	5.0	10 Jun 2022	On Market
123 Fenton Ln	$2,000,000	3.0	1.0	5.0	10 Jun 2022	On Market
123 Fenton Ln	$2,000,000	3.0	1.0	5.0	10 Jun 2022	On Market
123 Fenton Ln	$2,000,000	3.0	1.0	5.0	10 Jun 2022	On Market
123 Fenton Ln	$2,000,000	3.0	1.0	5.0	10 Jun 2022	On Market

Leaflet

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