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Home/Suburb Guides/Bendigo vs Karratha

Bendigo vs Karratha: Property Investment Comparison 2026

Side-by-side investment comparison to help you decide which suburb suits your investment goals.

Bendigo

low

VIC 3550

Median
$540,000
Yield
5.7%
5yr Growth
6.5% p.a.
Hybrid Score
6/10

Karratha

medium

WA 6714

Median
$650,000
Yield
11.5%
5yr Growth
5.0% p.a.
Hybrid Score
6/10

Overview

This guide compares Bendigo (VIC, 3550) and Karratha (WA, 6714) as property investment options.

Feature Bendigo Karratha
State VIC WA
Region Regional Major Regional Minor
Risk Level Low Medium
Hybrid Score 6.0/10 6.0/10

Price Comparison

Price Metric Bendigo Karratha
Median House $540,000 $650,000
Median Unit $340,000 $420,000
Median Townhouse $430,000 N/A

Bendigo offers a lower entry price, approximately $110,000 (17%) cheaper at the median level.

Rental Yield Comparison

Yield Metric Bendigo Karratha
Gross Yield 5.73% 11.54%
House Rent/wk $595 $1443
Unit Rent/wk $551 $1212
Vacancy Rate 1.2% N/A
Days on Market 26 N/A

Karratha offers the higher gross yield at 11.54%, a difference of 5.81 percentage points.

Growth Comparison

Growth Metric Bendigo Karratha
5yr Growth p.a. 6.5% 5.0%
10yr Growth p.a. 7.0% 4.3%
Growth Score 5.0/10 7.0/10

Bendigo has demonstrated stronger recent growth at 6.5% p.a. over the past 5 years.

Demographics Comparison

Demographic Bendigo Karratha
Population 100,000 17,657
Median Age 37 32
Household Income $74,000 $165,776
Unemployment 4.8% 2.7%
Owner-Occupier 56% N/A

Risk Comparison

Risk Metric Bendigo Karratha
Risk Level Low Medium
Price Stability 7.2/10 N/A
Volatility 3.2 N/A

Bendigo risks: Distance from Melbourne CBD; Limited high-growth catalysts; Competition from Ballarat

Karratha risks:

Investment Verdict

Who should invest where?

Growth seekers may prefer investigating Karratha (growth score 7.0/10, 5yr growth 5.0% p.a.). This suburb is better positioned for capital appreciation over a longer holding period.

Yield hunters may prefer investigating Bendigo (yield score 7.0/10, gross yield 5.73%). This suburb provides stronger rental returns and better cashflow potential.

Balanced investors seeking both growth and income may prefer Karratha (hybrid score 6.0/10), which offers the best overall combination of metrics.

This information is general in nature and does not constitute personal financial advice. Investment decisions should be based on your individual circumstances. Consider seeking professional advice before making any property investment.

Read Individual Guides

Bendigo (VIC) Investment Guide

Read full analysis →

Karratha (WA) Investment Guide

Read full analysis →

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Data sources: ABS Census 2021, Domain Market Reports 2025, SQM Research 2025 (Bendigo), Government Data, SQM Research Weekly Rents (Karratha).

This information is general in nature and does not constitute personal financial advice. All projections and estimates are based on historical data and assumptions — actual results may vary. Consider seeking independent financial advice before making any property investment decisions.

BRICKWISE

General information only, not financial advice. BRICKWISE does not recommend that you buy, sell or hold any property. Figures are estimates for education and screening and do not constitute credit approval or personal financial advice. Data: Figures use row-level source and freshness labels where available.

MAP GEOMETRY: NATURAL EARTH 50M / FIGURES: SEE ROW-LEVEL SOURCE LEDGER

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