Ballarat and Bendigo are the two highest-yield regional Victorian cities in 2026. Both offer entry prices well below Melbourne, strong tenant demand from university and hospital precincts, and five-year growth exceeding 40%. This GeeVee comparison decides which city wins for investors in 2026.
| Metric | Ballarat | Bendigo |
|---|---|---|
| Median House Price | $560,000 | $520,000 |
| Median Unit Price | $380,000 | $360,000 |
| Gross Yield (House) | 5.2% | 5.4% |
| Gross Yield (Unit) | 6.1% | 6.3% |
| 5-Year Growth | 44% | 41% |
| GeeVee Score | 7.6/10 | 7.5/10 |
GeeVee Verdict
Bendigo wins on yield. Ballarat wins on five-year growth. For SMSF cash flow investors, Bendigo units at $360,000 with 6.3% gross yield are the strongest entry-level play in regional Victoria. For capital growth, Ballarat’s 44% five-year track record leads all regional centres in Victoria.
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