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ABS 2021 Census · Updated 21 May 2026
Barnawartha is a regional centre in Victoria, Australia, with a population of approximately 987, making it a boutique locality. Located approximately 246 km from the Melbourne CBD, Barnawartha is a regional area in Victoria. The median household income is $90,584 per year.
Barnawartha benefits from a high-income resident base, supporting premium property pricing. As a regional location, growth prospects depend on local economic conditions and infrastructure investment.
Official Australia Post postcode for Barnawartha. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at the most recent census.
Weekly median rent for occupied homes. Live rental data integration coming soon.
Annual median household income (before tax) across all households.
Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 1 school within or near this suburb.
Find schools near Barnawartha on My School →Estimated 1 park and green spaces near this suburb.
Monthly median mortgage repayment for households currently paying off a mortgage.
Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.
Barnawartha is a smaller community of 987 — about 13% of the Victoria suburb median (7,416) — so investors should factor in the narrower buyer pool and longer average time-on-market. At $90,584/year, household income in Barnawartha is within 5% of the Victoria median ($95,160), placing the suburb firmly in the state's mainstream demographic band. Rent of $293/week (85% coverage of the $1,495/month median mortgage) leaves a gap of roughly $225/month that a typical investor bridges with negative gearing, depreciation and capital growth. Barnawartha is 246 km from Melbourne, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand.
How Barnawartha stacks up against the median of all Victoria suburbs in our dataset. Positive values mean Barnawartha sits above the state median; negative means below.
| Metric | Barnawartha | VIC median | Δ vs state |
|---|---|---|---|
| Population | 987 | 7,416 | -87% |
| Median household income | $90,584/yr | $95,160/yr | -5% |
| Median rent (weekly) | $293 | $380 | -23% |
| Median mortgage (monthly) | $1,495 | $1,950 | -23% |
| Distance to CBD | 246 km | 32 km | +669% |
| Separate houses | 88% | 78% | +10pp |
Pre-inspection briefing for Barnawartha — every item is derived from public datasets, with full citations in our data sources page.
Limited buy-and-hold upside: a small population of 987 means liquidity is thin and capital growth tends to lag the wider Victoria market over full cycles.
Strong rental coverage: $293/week (~$1,270/month) covers 85% of the $1,495/month median mortgage repayment, so the shortfall sits at just $225/month. Investors targeting positive cash flow should shortlist this suburb.
With 88% houses in a 987-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.
Run the numbers on a Barnawartha property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Capital-growth expectations for Barnawartha are modest for 2026 — incomes 5% below the VIC median of $95,160 and a population of 987 suggest gains will lag headline metro markets. Rental coverage runs at ~85% of the typical mortgage ($1,270/month rent vs $1,495/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 41/100 places Barnawartha in the mid tier of Australian suburbs we profile, and overall investor sentiment is cautious heading into the second half of 2026.
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Barnawartha scores 41/100 on our EquitySight investment framework — a moderate rating. That score is driven by a population of 987, median household income of $90,584/year and median weekly rent of $293. 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.
The main demand drivers in Barnawartha are a median household income of $90,584/year, a dwelling mix that is 88% 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.
Barnawartha has a usual resident population of approximately 987, 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.
Barnawartha sits 246 km straight-line from the Melbourne CBD. This is a regional market where CBD distance is only indicative — local industry diversity and commute alternatives matter more.
The most recent census recorded a median weekly rent of $293 in Barnawartha, equating to approximately $15,236/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.
The median monthly mortgage repayment in Barnawartha is $1,495, or approximately $17,940/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.
A median weekly rent of $293 works out to $1,270/month, covering 85% of the median mortgage repayment of $1,495/month. That leaves a $225/month shortfall (around $2,700/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.
The main risks are a thin buyer pool (987 residents), interest-rate sensitivity on the $1,495 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.
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.