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Suburb Insights ยท VIC 3480

Areegra 3480, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Areegra is a regional centre in Victoria, Australia, with a population of approximately 18, making it a boutique locality. Located approximately 268 km from the Melbourne CBD, Areegra is a regional area in Victoria. The median household income is $142,948 AUD per year (ABS 2021 Census).

Investment Score

51 / 100 Moderate

Strong household incomes in Areegra underpin solid property demand. As a regional location, growth prospects depend on local economic conditions and infrastructure investment.

Location

Map shows Areegra, Victoria, Australia.

Key Indicators

Postcode
3480

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

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Population
18

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

ABS Census Data โ†’
Median Rent (weekly)
N/A

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

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Median Household Income
$142,948/yr

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

ABS Census Data โ†’
Distance to CBD
268 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
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
N/A

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

ABS Census Data โ†’
Dwelling Type
21% 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, Areegra 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. A median household income of $142,948/year supports premium property values and indicates a well-employed resident base. With only 21% separate houses, Areegra has a significant apartment and unit market โ€” typical of inner-city investment corridors.

Investment Strategy

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Buy & Hold

A buy-and-hold approach in Areegra could work well with careful property selection and a longer time horizon.

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Rental Yield

Areegra's rental market is softer โ€” budget for potential vacancy periods.

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Renovation / Flip

The resale market in Areegra may not support quick-turnaround renovation projects.

Risk Factors

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Full Property Analysis

30-year projections for Areegra

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Moderate

Price movement in Areegra is expected to be flat to modest in 2026, reflecting broader regional market conditions. Rental demand may be softer โ€” budgeting for vacancy periods is prudent in Areegra's 2026 outlook. The market mood around Areegra is balanced โ€” neither bullish nor bearish heading into 2026.

Frequently Asked Questions

Is Areegra a good suburb for investment?

Areegra is a regional area in Victoria with a population of 18. the median household income is $142,948/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 Areegra?

Key demand drivers in Areegra include regional employment hubs, lifestyle, and affordability. 21% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Areegra?

According to the ABS 2021 Census, Areegra has a population of approximately 18. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Areegra from the Melbourne CBD?

Areegra is approximately 268 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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