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Suburb Insights · VIC 3049

Attwood, VIC 3049 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Attwood is a well-established middle-ring suburb of Melbourne, Australia, with a population of approximately 3,309, making it a boutique locality. Located approximately 18 km from the Melbourne CBD, Attwood is a middle ring area in Victoria. The median household income is $114,868 per year.

Investment Score

76 / 100 Good

Above-average earnings in Attwood support sustained property values.

Location

Melbourne
Attwood
Victoria · 3049
18 km from Melbourne CBD
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Key Indicators

Postcode
3049

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

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Population
3,309

Usual resident population at the most recent census.

Median weekly rent
$358/wk

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$114,868/yr

Annual median household income (before tax) across all households.

Distance to CBD
18 km

Straight-line distance from the suburb centroid 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.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb.

Median monthly mortgage
$2,000/mo

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
94% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Why People Like Living in Attwood

Who Attwood Suits

👨‍👩‍👧FamiliesSchool count or dwelling mix is lighter here.
📊InvestorsRental coverage trails the state average.
🏡First-home buyersPrices sit above the Victoria median — stretch goal.
💼ProfessionalsAround 18 km from the CBD with good access.

Pros and Cons

Pros

  • Rent sits within an affordable share of local incomes, supporting tenant demand.
  • Solid transport links into employment hubs.
  • Established infrastructure and existing community base.

Cons

  • Fewer schools inside the suburb itself — verify catchments for neighbouring areas.
  • Traffic can build during peak hours, especially on arterial roads.

Investment Insight

Attwood is a smaller community of 3,309 — about 45% of the Victoria suburb median (7,416) — so investors should factor in the narrower buyer pool and longer average time-on-market. Median household income of $114,868/year runs 21% above the Victoria suburb median of $95,160, indicating strong purchasing power and the type of demographic profile that tends to sustain premium property prices through market cycles. Rent of $358/week (78% coverage of the $2,000/month median mortgage) leaves a gap of roughly $449/month that a typical investor bridges with negative gearing, depreciation and capital growth. 18 km from Melbourne places Attwood in the middle commuter belt, close enough for daily trips by car or rail but at a materially lower price point than inner suburbs. Separate houses make up 94% of dwellings — 16 percentage points above the Victoria median of 78% — pointing to a family-oriented, land-rich market where value is concentrated in the underlying block.

Investment Tip

Middle-ring locations like this one historically reward patient holders — focus on homes near catchment-zone schools and major transport. Local rents consume roughly 16% of household income — a useful sanity check on tenant affordability.

Attwood vs Victoria Median

How Attwood stacks up against the median of all Victoria suburbs in our dataset. Positive values mean Attwood sits above the state median; negative means below.

MetricAttwoodVIC medianΔ vs state
Population3,3097,416-55%
Median household income$114,868/yr$95,160/yr+21%
Median rent (weekly)$358$380-6%
Median mortgage (monthly)$2,000$1,950+3%
Distance to CBD18 km32 km-44%
Separate houses94%78%+16pp

Investor Checklist

Pre-inspection briefing for Attwood — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

Buy & Hold

Strong buy-and-hold fundamentals: household incomes run 21% above the Victoria suburb median ($114,868 vs $95,160), and the 18 km CBD distance keeps this suburb in the primary demand zone. In Victoria, suburbs with this profile have historically clustered in the upper tercile of 10-year capital growth.

⚠️
Rental Yield

Moderate rental coverage: rent of $358/week covers 78% of a $2,000/month mortgage, leaving a $449/month gap that an investor bridges with equity, depreciation and tax benefits.

⚠️
Renovation / Flip

With 94% houses in a 3,309-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.

Risk Factors

Run the numbers on a Attwood property

Full Property Analysis

30-year projections for Attwood

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2026 Outlook

Growth: Strong Rental Demand: Low Investor Sentiment: Strong

Attwood enters 2026 with a demographic tailwind — household incomes 21% above the Victoria suburb median of $95,160 and a population of 3,309 give it the depth and purchasing power to outperform the wider VIC market over the next 12–18 months. Rental coverage runs at ~78% of the typical mortgage ($1,551/month rent vs $2,000/month repayment), leaving a manageable top-up for most investors. The EquitySight investment score of 76/100 places Attwood in the upper-middle tier of Australian suburbs we profile, and overall investor sentiment is constructive heading into the second half of 2026.

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Frequently Asked Questions

Is Attwood a good suburb for investment?

Attwood scores 76/100 on our EquitySight investment framework — a good rating. That score is driven by a population of 3,309, median household income of $114,868/year and median weekly rent of $358. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.

What drives property demand in Attwood?

The main demand drivers in Attwood are proximity to Melbourne (18 km), an above-state-median household income of $114,868/year, a dwelling mix that is 94% separate houses, roughly 1 schools and 1 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.

What is the population of Attwood?

Attwood has a usual resident population of approximately 3,309, compared with a Victoria suburb median of 7,416 — placing it in the lower half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.

How far is Attwood from the Melbourne CBD?

Attwood sits 18 km straight-line from the Melbourne CBD. This is comfortable commuter territory, with reasonable rail and road access to the city.

What is the median rent in Attwood?

The most recent census recorded a median weekly rent of $358 in Attwood, equating to approximately $18,616/year in gross rental income (state median $380/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.

What is the typical mortgage repayment in Attwood?

The median monthly mortgage repayment in Attwood is $2,000, or approximately $24,000/year (vs $1,950/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.

Is Attwood cash-flow positive for investors?

A median weekly rent of $358 works out to $1,551/month, covering 78% of the median mortgage repayment of $2,000/month. That leaves a $449/month shortfall (around $5,388/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.

What are the main risks of investing in Attwood?

The main risks are a thin buyer pool (3,309 residents), interest-rate sensitivity on the $2,000 median mortgage, the broader Victoria market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.

How we built this Attwood profile

Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.

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