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Suburb Insights · VIC 3231

Big Hill, VIC 3231 Property Profile

ABS 2021 Census · Updated 21 May 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 per year.

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

Melbourne
Big Hill
Victoria · 3231
127 km from Melbourne CBD
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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 the most recent census.

Median weekly rent
$280/wk

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

Median household income
$92,092/yr

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

Distance to CBD
127 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
$1,656/mo

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

Home type
88% houses

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

Investment Insight

Big Hill is a smaller community of 281 — about 4% of the Victoria suburb median (7,416) — so investors should factor in the narrower buyer pool and longer average time-on-market. At $92,092/year, household income in Big Hill is within 3% of the Victoria median ($95,160), placing the suburb firmly in the state's mainstream demographic band. Rent of $280/week (73% coverage of the $1,656/month median mortgage) leaves a gap of roughly $443/month that a typical investor bridges with negative gearing, depreciation and capital growth. Big Hill is 127 km from Melbourne, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand.

Big Hill vs Victoria Median

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

MetricBig HillVIC medianΔ vs state
Population2817,416-96%
Median household income$92,092/yr$95,160/yr-3%
Median rent (weekly)$280$380-26%
Median mortgage (monthly)$1,656$1,950-15%
Distance to CBD127 km32 km+297%
Separate houses88%78%+10pp

Investor Checklist

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

Investment Strategy

Buy & Hold

Limited buy-and-hold upside: a small population of 281 means liquidity is thin and capital growth tends to lag the wider Victoria market over full cycles.

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Rental Yield

Moderate rental coverage: rent of $280/week covers 73% of a $1,656/month mortgage, leaving a $443/month gap that an investor bridges with equity, depreciation and tax benefits.

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Renovation / Flip

With 88% houses in a 281-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 Big Hill property

Full Property Analysis

30-year projections for Big Hill

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital-growth expectations for Big Hill are modest for 2026 — incomes close to the VIC median of $95,160 and a population of 281 suggest gains will lag headline metro markets. Rental coverage runs at ~73% of the typical mortgage ($1,213/month rent vs $1,656/month repayment), leaving a manageable top-up for most investors. The EquitySight investment score of 47/100 places Big Hill 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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Frequently Asked Questions

Is Big Hill a good suburb for investment?

Big Hill scores 47/100 on our EquitySight investment framework — a moderate rating. That score is driven by a population of 281, median household income of $92,092/year and median weekly rent of $280. 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 Big Hill?

The main demand drivers in Big Hill are a median household income of $92,092/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.

What is the population of Big Hill?

Big Hill has a usual resident population of approximately 281, 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 Big Hill from the Melbourne CBD?

Big Hill sits 127 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.

What is the median rent in Big Hill?

The most recent census recorded a median weekly rent of $280 in Big Hill, equating to approximately $14,560/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 Big Hill?

The median monthly mortgage repayment in Big Hill is $1,656, or approximately $19,872/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 Big Hill cash-flow positive for investors?

A median weekly rent of $280 works out to $1,213/month, covering 73% of the median mortgage repayment of $1,656/month. That leaves a $443/month shortfall (around $5,316/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 Big Hill?

The main risks are a thin buyer pool (281 residents), interest-rate sensitivity on the $1,656 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 Big Hill 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.

Nearby Suburbs

Victoria Property Resources