Property market · Victoria · updated weekly

Best Victoria suburbs to invest in: price, yield and growth

Handle's suburb model scores 593 Victoria suburbs every week. As at October 2026, 3 are rated Prime (roughly the top 10% of 3,393 suburbs nationally) and 40 Strong. Prime Victoria suburbs have a median house price of $655,000, a 5.0% gross yield and 1.1% vacancy. The strongest regions right now are Bendigo, North West and Warrnambool and South West.

3 Prime40 StrongData as at 20 October 2026
593Suburbs scoredIn Victoria, every week
$655KMedian housePrime VIC suburbs
5.0%Gross yieldPrime VIC suburbs
1.1%VacancyPrime VIC suburbs
See every VIC suburb free in our portalFree for life. 3,393 suburbs, refreshed weekly.
The shortlist

Top 15 Victoria suburbs in our model

Highest-rated Victoria suburbs with a profile on this site, as at October 2026. Ranked by Handle's model; we publish the band, not the score.

SuburbRegionBandMedian houseGross yieldVacancy12 months
East BendigoBendigoPrime$655,0004.4%1.75%+26.0%
California GullyBendigoStrong$585,0004.4%1.02%+24.5%
Aspendale GardensMelbourne, Inner SouthStrong$1,300,0003.1%0.76%+4.4%
MilduraNorth WestStrong$600,0004.5%2.26%+17.6%
IrympleNorth WestStrong$693,5004.9%1.36%+8.8%
Golden SquareBendigoStrong$624,3404.3%1.04%+14.1%
Carrum DownsMornington PeninsulaStrong$805,0004.0%1.37%+8.8%
Kangaroo FlatBendigoStrong$630,0004.5%1.04%+14.6%
CamperdownWarrnambool and South WestStrong$493,5006.2%0.20%+7.3%
StawellNorth WestStrong$422,0005.6%1.00%+21.3%
EaglehawkBendigoStrong$620,2504.2%1.02%+12.8%
West WodongaHumeStrong$659,0004.4%1.41%+11.7%
White HillsBendigoStrong$600,0004.5%1.75%+0.3%
SomervilleMornington PeninsulaStrong$910,0003.9%0.26%+7.0%
Spring GullyBendigoStrong$700,0004.4%1.75%+12.7%

Highest yields

Strong or better, with a profile on this site.

SuburbBandYieldMedian
CamperdownStrong6.2%$493,500
StawellStrong5.6%$422,000
IrympleStrong4.9%$693,500
MilduraStrong4.5%$600,000
White HillsStrong4.5%$600,000
Kangaroo FlatStrong4.5%$630,000
East BendigoPrime4.4%$655,000
California GullyStrong4.4%$585,000

Tightest rentals

Lowest vacancy, Strong or better.

SuburbBandVacancyMedian
CamperdownStrong0.20%$493,500
SomervilleStrong0.26%$910,000
KilsythStrong0.67%$841,000
Aspendale GardensStrong0.76%$1,300,000
StawellStrong1.00%$422,000
California GullyStrong1.02%$585,000
EaglehawkStrong1.02%$620,250
Golden SquareStrong1.04%$624,340
Regions

Where Victoria's strongest suburbs are

Regions ranked by Prime-rated suburbs. Medians across each region's Prime and Strong suburbs.

RegionPrimePrime + StrongMedian houseGross yieldVacancy
Bendigo19$630,0004.4%1.04%
North West16$433,4395.5%1.10%
Warrnambool and South West13$665,0005.0%0.20%
Melbourne, Outer East010$901,0003.9%0.65%
Mornington Peninsula04$915,0003.9%0.74%
Ballarat03$601,2503.8%1.39%
Melbourne, Inner South02$1,453,7503.1%0.76%
Geelong01$700,0003.8%2.17%
Melbourne, North East01$1,750,0002.7%1.30%
Melbourne, South East01$845,0003.9%0.44%
Questions

Victoria FAQ

What are the best suburbs to invest in Victoria in 2026?

As at October 2026, the highest-rated Victoria suburbs in Handle's model include East Bendigo, California Gully, Aspendale Gardens, Mildura, Irymple, Golden Square. 3 Victoria suburbs are rated Prime and 40 Strong. The best suburb for you depends on your budget, borrowing and plan, and every property still has to pass our 29-check screen.

Where is rental yield highest in Victoria?

Among Victoria suburbs rated Strong or better, the highest gross yields are in Camperdown, Stawell, Irymple, Mildura. Higher yields usually come with lower prices and smaller markets, so weigh yield against vacancy and demand.

Which Victoria suburbs have the tightest rental markets?

Vacancy is lowest in Camperdown, Somerville, Kilsyth, Aspendale Gardens, all at or under 0.76% as at October 2026. Below 1.5% is generally a tight rental market, which supports rents and shortens the time to find a tenant.

How does Handle rate suburbs?

Our model scores 3,393 Australian suburbs on buyer demand, price growth, rental return and community fundamentals, refreshed weekly. We publish the band only: Prime is roughly the top 10%, Strong the next 20%, Watch the next 15%. A suburb rating is where we start, not where we stop.

Data as at 20 October 2026 from SuburbsFinder, ABS Census and public project sources, scored by Handle's suburb model. General information only, not financial advice. Past growth is not a guide to future growth.

A to Z

All 325 Victoria suburb profiles