Question 1

Is Kangaroo Flat a nice place to live?

Accepted Answer

Kangaroo Flat sits along the Bendigo Creek on Bendigo’s northern fringe. Its streets mix older weatherboard cottages with brick homes and newer suburban estates, creating a varied but settled feel. The area attracts families, commuters and people seeking regional living with convenient access to city services, with a local train station on the regional line and straightforward road links. Community life centres on sporting clubs, parks and a compact shopping area, while creekside paths and green reserves provide space for walking, cycling and weekend recreation.

About 11,328 people live in Kangaroo Flat and the median age is 44. Families are prominent and most homes are owner-occupied (71.1% combined). The suburb has a number of local projects in planning or delivery, from a proposed skate park and renewal work at the Gurri Wanyarra Wellbeing Centre to library upgrades and rehabilitation planning for the former mine site that envisages restoring native ironbark forest and extending regional parkland. Whether it suits you depends on what you’re looking for.

Question 2

Is it expensive to live in Kangaroo Flat?

Accepted Answer

On the figures, buying in Kangaroo Flat sits above what local households earned at the last Census. The median house price of $632,500 is about 10.6 times a typical local household's annual income at the last Census (weekly income $1,144 × 52 = $59,488), which puts buying a house well above local incomes. The median unit price of $345,000 is about 5.8 times a typical local annual household income, which is somewhat above local incomes.

Renting also takes a large share of a typical local household's weekly income at the last Census: a house rent of $530 a week is about 46.3% of that weekly income (a large share), while a unit rent of $420 a week is about 36.7% (a sizeable share). If you're renting rather than buying, those rent shares are the figures that matter.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Kangaroo Flat a good place to invest?

Accepted Answer

Both values and rents in Kangaroo Flat rose strongly over the past 12 months. House values climbed 13.4% and unit values rose 12.2%, while house rents increased 10.4% and unit rents increased 10.5%.

If you are weighing Kangaroo Flat up as an investment, the value changes point to capital growth over the year and the rent changes point to higher rental income. Capital growth outpaced rent growth for both houses (13.4% versus 10.4%) and units (12.2% versus 10.5%); house values rose slightly more than unit values, and unit rents were marginally higher than house rents. Whether that balance suits your goals depends on your own circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	$633K	$345K
Change in value Past 12 months	13.4%	12.2%
Sold Past 3 months	52	11
Median days on market Past 12 months	21	50
Average rent Past 12 months	$530	$420
Change in rent Past 12 months	10.4%	10.5%

Get a property report and suburb profile for any property in Kangaroo Flat

Kangaroo Flat suburb profile

Kangaroo Flat property market performance

5 year median price trend for houses and units

Kangaroo Flat demographics

Suburbs near Kangaroo Flat

How does Kangaroo Flat compare to nearby suburbs?

Choose the right real estate agents in Kangaroo Flat

Get a head start and compare top local agents in Kangaroo Flat

Not quite ready to sell?

Suburb and property report

Digital estimate for your property

Navigate the market