Free full calculator โ†’
Suburb Insights ยท VIC 3561

Bamawm 3561, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Bamawm is a regional centre in Victoria, Australia, with a population of approximately 491, making it a boutique locality. Located approximately 175 km from the Melbourne CBD, Bamawm is a regional area in Victoria. The median household income is $74,880 AUD per year (ABS 2021 Census).

Investment Score

33 / 100 Weak

Household incomes in Bamawm sit in a comfortable mid-range for the Victoria market. As a regional location, growth prospects depend on local economic conditions and infrastructure investment.

Location

Map shows Bamawm, Victoria, Australia.

Key Indicators

Postcode
3561

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

Australia Post Postcode Finder โ†’
Population
491

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

ABS Census Data โ†’
Median Rent (weekly)
$213/wk

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

State Rental Authority โ†’
Median Household Income
$74,880/yr

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

ABS Census Data โ†’
Distance to CBD
175 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.

Find schools near Bamawm on My School โ†’
Parks & green spaces
1

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

Median Mortgage (monthly)
$1,300/mo

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

ABS Census Data โ†’
Dwelling Type
76% 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, Bamawm 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 $213/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,300/month. 76% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

โš ๏ธ
Buy & Hold

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

โŒ
Rental Yield

Rental yields in Bamawm tend to be lower โ€” investors may need to rely on capital growth instead.

โŒ
Renovation / Flip

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

Risk Factors

Run the numbers on a Bamawm property

Full Property Analysis

30-year projections for Bamawm

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

Create free account โ†’
Or jump straight to a calculator: Loan Serviceability First Home Buyer Grants

2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital growth in Bamawm may remain subdued in 2026, with limited demand drivers in the near term. Rental demand may be softer โ€” budgeting for vacancy periods is prudent in Bamawm's 2026 outlook. Bamawm is not a headline market, but contrarian investors may see long-term potential.

Frequently Asked Questions

Is Bamawm a good suburb for investment?

Bamawm is a regional area in Victoria with a population of 491. The median rent is $213/week and the median household income is $74,880/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 Bamawm?

Key demand drivers in Bamawm include regional employment hubs, lifestyle, and affordability. 76% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Bamawm?

According to the ABS 2021 Census, Bamawm has a population of approximately 491. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Bamawm from the Melbourne CBD?

Bamawm is approximately 175 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.

Explore Nearby Suburbs

Victoria Property Resources