biomedical engineering at usyd is 4yrs, 5 if combined with other degrees ie. science, med. sci
i dont know very much about jobs and the industry but i'll tell u what little i do know and my impressions
at usyd, doing the biomedical engineering course means that after graduating u will be qualified both as a biomedical engineer and a mechanical engineer. in this sense i guess it could give u more options and flexibility than other engineering degrees.
its really a mechanical eng degree but sort of specialise in biomedical if u know what i mean.
i hear usyd has relations with Ventracor (a heart assist etc. company), and guest speakers etc. come in sometimes. also to complete the degree its compulsory to do 6 months (i think) of vacation work at a company (pretty much like work experience) but u have to find it yourself, and graduates can be offered work when they finish the degree
actually what i noticed was that some of the biomedical companies i looked at dont have that many employees (talking like 30s +), but i'm not really too sure on if its the case generally.
i personally think prospects aren't too bad (well i'm not worried atm of not finding a job), if ur enthusiastic about it u should be able to find something, and i think vacation work would help a fair bit too.
if u want to expand ur options you could combine it with a science/medsci, commerce (that would be a good combo for maximum options) and stuff like that
i guess like the other posters said, it comes down to what kind of career u want and what u want to be doing