Buninyong

POSTAL CODE: VIC, 3357
HOUSE
BUNINYONG ranks 465th in VIC when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 2.16% for the past year is lower than average compared to its 19.33% growth within a five-year period.

Also in BUNINYONG, the median home price is sitting at $710,000, and the average rent at $455, this suggests property owners could potentially earn a 3.33% increase in gross rental yield.

Property investors have seen a -1.39% drop in BUNINYONG based on a decrease in median home prices for the past three months.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 7.33% growth over a ten-year period. It ranks 1697th on our list of suburbs that property investors should look into.

Surburb overview

Buninyong is a historic township in central Victoria, located within the City of Ballarat local government area.

The town lies approximately 11 kilometres south of Ballarat’s central business district and about 100 kilometres north-west of Melbourne by road.

It is positioned along the Midland Highway, providing road connections to Ballarat and Geelong.

At the 2021 Census, Buninyong recorded a population of around 3,500, reflecting steady growth due to its proximity to Ballarat.

The demographic profile includes families, professionals and long-term residents, with a high rate of owner-occupation.

Housing comprises a mix of heritage cottages, established family homes and newer residential developments on the town’s outskirts.

Buninyong is one of Victoria’s oldest inland settlements and developed during the 19th-century gold rush.

The town retains a well-preserved streetscape, with heritage buildings, a village-style shopping precinct and community facilities.

Mount Buninyong, an extinct volcano rising above the township, is a prominent natural landmark and offers walking tracks and scenic views.

Local amenities include primary schools, sporting facilities and small retail outlets, while secondary education, major supermarkets and health services are accessed in Ballarat.

Ballarat Base Hospital and a range of public and private schools are located within a short drive.

Public transport options include local bus services connecting Buninyong to Ballarat’s central business district and railway station.

Ballarat station provides regular V/Line train services to Melbourne’s Southern Cross Station, supporting regional commuting.

Recreational opportunities include the Buninyong Botanic Gardens, cycling events such as the Buninyong Classic and access to bushland reserves surrounding Mount Buninyong.

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