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Suburb Insights ยท VIC 3231

Big Hill 3231, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Big Hill is a coastal suburb in Victoria, Australia, with a population of approximately 281, making it a boutique locality. Located approximately 127 km from the Melbourne CBD, Big Hill is a coastal area in Victoria. The median household income is $92,092 AUD per year (ABS 2021 Census).

Investment Score

47 / 100 Moderate

Above-average earnings in Big Hill support sustained property values. Coastal lifestyle appeal adds a premium that supports long-term demand.

Location

Map shows Big Hill, Victoria, Australia.

Key Indicators

Postcode
3231

Official Australia Post postcode for Big Hill. A postcode may cover multiple suburbs.

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Population
281

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

ABS Census Data โ†’
Median Rent (weekly)
$280/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
$92,092/yr

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

ABS Census Data โ†’
Distance to CBD
127 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)
$1,656/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

Coastal lifestyle is a strong draw for Big Hill, supporting both long-term rental demand and holiday letting potential. Seaside suburbs in Victoria consistently attract interstate migration and lifestyle buyers. The median rent of $280/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,656/month. The median household income of $92,092/year reflects a solid demographic, supporting sustainable rental demand. 88% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

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

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Rental Yield

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

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Renovation / Flip

Renovation or flip strategies in Big Hill face headwinds from a smaller buyer pool and slower turnover.

Risk Factors

Run the numbers on a Big Hill property

Full Property Analysis

30-year projections for Big Hill

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2026 Outlook

Growth: Moderate Rental Demand: Moderate Investor Sentiment: Low

Big Hill is expected to see moderate price growth in 2026 as the broader Victoria market stabilises. Rental demand is expected to be stable, though landlords may need to remain competitive on pricing. Big Hill is not a headline market, but contrarian investors may see long-term potential.

Frequently Asked Questions

Is Big Hill a good suburb for investment?

Big Hill is a coastal area in Victoria with a population of 281. The median rent is $280/week and the median household income is $92,092/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 Big Hill?

Key demand drivers in Big Hill include lifestyle appeal and proximity to the coast. 88% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Big Hill?

According to the ABS 2021 Census, Big Hill has a population of approximately 281. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Big Hill from the Melbourne CBD?

Big Hill is approximately 127 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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