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Suburb Insights ยท VIC 3350

Alfredton 3350, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Alfredton is a regional centre in Victoria, Australia, with a population of approximately 11,822, making it a smaller community. Located approximately 106 km from the Melbourne CBD, Alfredton is a regional area in Victoria. The median household income is $97,916 AUD per year (ABS 2021 Census).

Investment Score

50 / 100 Moderate

Above-average earnings in Alfredton support sustained property values. As a regional location, growth prospects depend on local economic conditions and infrastructure investment.

Location

Map shows Alfredton, Victoria, Australia.

Key Indicators

Postcode
3350

Official Australia Post postcode for Alfredton. A postcode may cover multiple suburbs.

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Population
11,822

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$365/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$97,916/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
106 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
3

Estimated 3 schools within or near this suburb based on ABS 2021 data.

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Parks & green spaces
5

Estimated 5 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,608/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
86% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

As a regional centre, Alfredton serves a wide catchment area. Regional property can offer higher rental yields than metro equivalents, though investors should assess local employment diversity and infrastructure plans. The median rent of $365/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,608/month. The median household income of $97,916/year reflects a solid demographic, supporting sustainable rental demand. 86% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

Alfredton offers moderate buy-and-hold potential โ€” look for properties with value-add opportunities.

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Rental Yield

Rental yields in Alfredton are moderate โ€” screen for properties that offer above-average returns.

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Renovation / Flip

Renovation or flip strategies in Alfredton face headwinds from a smaller buyer pool and slower turnover.

Risk Factors

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Full Property Analysis

30-year projections for Alfredton

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2026 Outlook

Growth: Low Rental Demand: Moderate Investor Sentiment: Moderate

Capital growth in Alfredton may remain subdued in 2026, with limited demand drivers in the near term. Rental demand is expected to be stable, though landlords may need to remain competitive on pricing. Investor sentiment is cautiously optimistic โ€” selective opportunities exist for well-researched buyers.

Frequently Asked Questions

Is Alfredton a good suburb for investment?

Alfredton is a regional area in Victoria with a population of 11,822. The median rent is $365/week and the median household income is $97,916/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Alfredton?

Key demand drivers in Alfredton include regional employment hubs, lifestyle, and affordability. 86% of dwellings are separate houses. The area has approximately 3 schools and 5 parks nearby.

What is the population of Alfredton?

According to the ABS 2021 Census, Alfredton has a population of approximately 11,822. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Alfredton from the Melbourne CBD?

Alfredton is approximately 106 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). As a regional or remote location, travel to the capital is significant โ€” local amenities and employment are important investment considerations.

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