Greater Bendigo · 3550
Spring Gully, VIC
8.1%/yr capital growth, population +7.8% (5y).
NextSuburb scoreTier C
40Below trend
Median house
$570k
5y growth
8.1%/yr
Gross yield
2.6%
Vacancy
2.4%
Thin market · ~3k residentsMedium confidence
Eight-signal breakdown
Each signal scored 0–100 against the national distribution. Bars reflect how this suburb sits across the index.
- Capital growth (5y)8.1%/yr81/100
- Population growth+7.8% (5y)78/100
- Supply tightening+5.0% YoY25/100
- Rental yield2.6%53/100
- Rental demand2.4% vacancy40/100
- Income growth+13.0% (5y)52/100
- Construction pipelineno nearby pipeline0/100
- Affordability62% under cap62/100
Why this score
Spring Gully scores 40/100 (Below trend). The two strongest signals: 8.1%/yr capital growth over five years and 7.8% population growth over five years. The standout watch-out: population of 3,092 makes the market illiquid.
Drivers
- Capital growth8.1%/yr
- Population growth+7.8% (5y)
- Budget headroom62% under cap
Risks
- Only 3,092 residents — illiquid, slow to sell
- No major construction project in this state
Nearest infrastructure
Melbourne Airport Rail — Sunshine Hub120.1 km away
Approved · $13.0bn · completion 2033
Construction-stage projects within 10 km lift the suburb’s infrastructure score; projects more than 25 km away barely move it.
Comparable suburbs
Three VIC suburbs in the same budget band with the closest NextSuburb scores.
See the full VIC ranking60-month score history
Backfilled — live history begins May 2026Watch this suburb
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