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Suburb Insights ยท VIC 3691

Berringama 3691, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Berringama is a regional centre in Victoria, Australia, with a population of approximately 35, making it a boutique locality. Located approximately 299 km from the Melbourne CBD, Berringama is a regional area in Victoria. The median household income is $58,500 AUD per year (ABS 2021 Census).

Investment Score

27 / 100 Weak

Berringama's income profile suggests a value-oriented market with competitive purchase prices. Distance from major centres is a consideration, though regional markets can offer higher rental yields.

Location

Map shows Berringama, Victoria, Australia.

Key Indicators

Postcode
3691

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

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Population
35

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

ABS Census Data โ†’
Median Rent (weekly)
$180/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
$58,500/yr

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

ABS Census Data โ†’
Distance to CBD
299 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)
$1,199/mo

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

ABS Census Data โ†’
Dwelling Type
88% 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, Berringama 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 $180/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,199/month. 88% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

Buy-and-hold in Berringama carries higher risk due to limited demand drivers and slower growth fundamentals.

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Rental Yield

Achieving strong cash flow in Berringama is challenging at current rent-to-price ratios.

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Renovation / Flip

Limited buyer depth in Berringama makes flip strategies higher-risk โ€” consider rental conversion instead.

Risk Factors

Run the numbers on a Berringama property

Full Property Analysis

30-year projections for Berringama

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Berringama faces a cautious growth outlook for 2026 โ€” investors should focus on yield rather than short-term gains. The rental pipeline in Berringama is thinner โ€” flexible lease terms could help secure tenants faster. Sentiment is subdued, though improving local conditions could shift perceptions over time.

Frequently Asked Questions

Is Berringama a good suburb for investment?

Berringama is a regional area in Victoria with a population of 35. The median rent is $180/week and the median household income is $58,500/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 Berringama?

Key demand drivers in Berringama include regional employment hubs, lifestyle, and affordability. 88% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Berringama?

According to the ABS 2021 Census, Berringama has a population of approximately 35. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Berringama from the Melbourne CBD?

Berringama is approximately 299 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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