Suburb data · Greater Bendigo · VIC 3555

Kangaroo Flat 3555 property market: price, yield and growth

Kangaroo Flat, VIC 3555 is rated Strong in Handle's suburb model as at November 2026. The median house is $630,000 with a 4.5% gross yield, vacancy is 1.04% against 1.75% across Greater Bendigo, and values have grown an average 7.7% a year over five years.

StrongTop 30% of 3,393 suburbsData as at 9 November 2026
$630KMedian houseGreater Bendigo median $655K
4.5%Gross yield$540 a week median rent
1.0%VacancyGreater Bendigo 1.8%
+7.7%5-year growth a year+14.6% in the last 12 months
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The numbers

Kangaroo Flat by the numbers

Every figure below is from the Handle suburb model, refreshed weekly. Greater Bendigo is the council area.

MetricKangaroo FlatGreater BendigoContext
Median house price$630,000$655,000 
Median rent$540 / week +10.2% in 12 months
Gross rental yield4.5%4.2% 
Vacancy rate1.04%1.75%18 homes for rent
Days on market23 days  
Stock on market1.00% 52 listings, 209 sales a year
Months of inventory2.9  
12-month growth+14.6%  
5-year growth (a year)+7.7% +45% cumulative
10-year growth (a year)+7.7%  
Tight vacancy (1.04%)2.9 months of stockSells in 23 days

Price growth

A median Kangaroo Flat house was worth about $435,000 five years ago. Today it is $630,000, a +45% change, or 7.7% a year. Over 10 years the average is 7.7% a year, and the last 12 months added +14.6%.

Past growth is not a guide to future growth. It tells you how the suburb has behaved, not what it will do next.

Five years in Kangaroo Flat
$435KMedian house, 5 years agoDerived from the 5-year growth rate
to
$630KMedian house, November 2026+45% over five years

Rental market

The median house in Kangaroo Flat rents for $540 a week, a 4.5% gross yield against 4.2% across Greater Bendigo. Rents have moved +10.2% over the last 12 months, and vacancy sits at 1.04%, well under the 1.5% line we treat as tight.

Rent and vacancy
$540Median weekly rent for a house
4.5%Gross yield, Greater Bendigo 4.2%
1.0%Vacancy, Greater Bendigo 1.8%

Supply and demand

There are 52 houses listed for sale against roughly 209 sales a year, which is 2.9 months of stock. Homes take 23 days to sell on average. Low stock and quick sales usually mean buyers are competing for what is listed.

How fast Kangaroo Flat sells
23daysAverage days on market
2.9mthsMonths of inventory
1.0%Of homes on the market

Who lives in Kangaroo Flat

Kangaroo Flat has about 11,328 residents, up 15.2% over 10 years. Median household income is $1,276 a week, 65% of the VIC median. 69% of homes are owner-occupied, and 12% of mortgaged households are in mortgage stress.

The community
$1,276Median household income a week
69%Owner-occupiers
12%Households in mortgage stress
Jobs and infrastructure

Where the jobs and the money are going

Employment across Greater Bendigo, where 29% of jobs are in government-backed sectors like health, education and public administration, plus 5 tracked infrastructure projects in the area.

Health Care and Social Assistance19.8%
Retail Trade10.2%
Construction9.8%
Education and Training9.0%
Manufacturing8.7%
Underway · 2028Bendigo Art Gallery Redevelopment$45 million · Approx. 260 construction; 170 ongoing jobs
Committed · 2028La Trobe University Bendigo Student Accommodation$50 million
Committed · TBCColiban Rural Water Efficiency Project$160 million
StrongHandle modelNovember 2026
Handle's read

What the data says about Kangaroo Flat

Of the four signals our model scores, buyer demand and rental return lead for Kangaroo Flat and price growth trails. A suburb score is where we start, not where we stop: every property still has to pass our 29-check screen and fit your Exit Plan before we buy.

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Data as at 9 November 2026 from SuburbsFinder, ABS Census and public project sources, scored by Handle's suburb model across 3,393 suburbs. Bands: Prime is roughly the top 10%, Strong the next 20%, Watch the next 15%. General information only, not financial advice. Past growth is not a guide to future growth.

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Questions

Kangaroo Flat FAQ

Is Kangaroo Flat a good place to invest in 2026?

Kangaroo Flat is rated Strong in Handle's suburb model, in the top 30% of 3,393 Australian suburbs as at November 2026. The median house is $630,000 with a 4.5% gross yield and 1.04% vacancy. Whether it suits you depends on your borrowing, budget and plan, so we check every property against our 29-point screen before recommending it.

What is the postcode for Kangaroo Flat?

The postcode for Kangaroo Flat, VIC is 3555. Kangaroo Flat is in the Greater Bendigo local government area, and our data below covers houses in Kangaroo Flat itself rather than the wider council area.

What is the median house price in Kangaroo Flat?

The median house price in Kangaroo Flat, VIC is $630,000 as at November 2026, against $655,000 across Greater Bendigo. Values moved +14.6% over the last 12 months and averaged 7.7% a year over five years.

What is the rental yield in Kangaroo Flat?

A median house in Kangaroo Flat rents for $540 a week, a gross rental yield of 4.5%. The Greater Bendigo median is 4.2%. Rents changed +10.2% over 12 months.

What is the vacancy rate in Kangaroo Flat?

Vacancy in Kangaroo Flat is 1.04%, against 1.75% across Greater Bendigo. Below 1.5% is generally a tight rental market, which supports rents and shortens the time to find a tenant.

What is driving the Kangaroo Flat property market?

Employment across Greater Bendigo is led by health care and social assistance, retail trade, construction, with 29% of jobs in government-backed sectors. Infrastructure in the area includes Bendigo Art Gallery Redevelopment and La Trobe University Bendigo Student Accommodation. Homes sell in about 23 days with 2.9 months of stock.

Keep exploring

Nearby and related

Written by Ahijith (AJ) Chandra, co-founder of Handle Properties. Updated weekly; data as at 9 November 2026. Handle Properties is a licensed buyers agency, not a financial adviser.

Suburb Profile

Suburb profile for,

Kangaroo Flat, VIC

Located in the dynamic state of VIC (postcode 3555), KANGAROO FLAT is a vibrant real estate market. This suburb holds a median house price of $532,500 and has demonstrated an average buying growth of Up 9.0%. Last month, 57 houses were available, with 195 transactions completed in the past year. Properties spend around 29 days on the market, reflecting the area's demand with 1484 interested buyers. The average rental yield stands at 4.2%, with a weekly median rent of $320 per week and an average rent growth of Up 10.3%. Rental properties usually stay on the market for 24 days. The population in 2016 was 10405, which changed by +9.60% in the past five years. The median weekly household income is $994, reflecting an income change of +11.31% over the past five years. Residents have a median age of 43 years, and the suburb has an average annual growth for houses of +11.08%. To fully take advantage of KANGAROO FLAT's prosperous real estate market and substantial buyer interest, rely on Handle Properties. As the best buyers agent in KANGAROO FLAT, Handle provides end-to-end property investment services, backed by data and experts.

SUBURB DATA

Quantitative data for,

Kangaroo Flat, VIC

The quantitative data below has been compiled on 30th May 2023 from a range of third party sources using a variety of manual methods. Handle does not guarantee the accuracy of this data shown below.

State
VIC
Suburb
KANGAROO FLAT
Postcode
3555
Median price for all dwellings
$532,500
Last 12 months growth return
Up 9.0%
Avg. dwellings for sale in the suburb every month
57
Avg. dwellings sold in the suburb in previous 12 months
195
Avg days on market for a dwelling listing to sell
29 days
Avg. number of people searching in this suburb every month
1484
Avg. rental yield per annum
4.20%
Weekly median rent for all dwellings
$320 per week
Median price for all houses
$532,500
Avg. rental yield growth in the previous 12 months
4.20%
Avg. days for a rental listing to find a tennant
24 days
Total suburb population in 2016
10405
Total suburb population change in 5 years up to 2016
9.60%
Avg. household income per week
$994
Median age of the population in the suburb
43
Historic avg annual growth return per annum in the suburb
11.08%