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Suburb Insights · VIC 3490

Boinka, VIC 3490 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Boinka is a regional centre in Victoria, Australia, with a population of approximately 14, making it a boutique locality. Located approximately 424 km from the Melbourne CBD, Boinka is a regional area in Victoria. The median household income is $207,948 per year.

Investment Score

50 / 100 Moderate

Above-average earnings in Boinka support sustained property values. Distance from major centres is a consideration, though regional markets can offer higher rental yields.

Location

Melbourne
Boinka
Victoria · 3490
424 km from Melbourne CBD
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Key Indicators

Postcode
3490

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

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Population
14

Usual resident population at the most recent census.

Median weekly rent
N/A

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

Median household income
$207,948/yr

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

Distance to CBD
424 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
N/A

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

Home type
N/A

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

Investment Insight

Boinka is a smaller community of 14 — about 0% of the Victoria suburb median (7,416) — so investors should factor in the narrower buyer pool and longer average time-on-market. Median household income of $207,948/year runs 119% above the Victoria suburb median of $95,160, indicating strong purchasing power and the type of demographic profile that tends to sustain premium property prices through market cycles. Boinka is 424 km from Melbourne, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand.

Boinka vs Victoria Median

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

MetricBoinkaVIC medianΔ vs state
Population147,416-100%
Median household income$207,948/yr$95,160/yr+119%
Distance to CBD424 km32 km+1225%

Investor Checklist

Pre-inspection briefing for Boinka — 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 14 means liquidity is thin and capital growth tends to lag the wider Victoria market over full cycles.

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Rental Yield

Median rental data was not captured for Boinka. Use current realestate.com.au and Domain listings to triangulate a realistic weekly rent before committing, then feed that number into our rental yield calculator.

Renovation / Flip

With a population of 14, the resale market in Boinka may not reliably reward cosmetic renovations — a longer hold is typically a better strategy at this scale, letting land-value appreciation do the work instead.

Risk Factors

Run the numbers on a Boinka property

Full Property Analysis

30-year projections for Boinka

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Moderate

Capital-growth expectations for Boinka are modest for 2026 — incomes 119% above the VIC median of $95,160 and a population of 14 suggest gains will lag headline metro markets. Rental fundamentals will need to be verified against live listings, as a clean median rent was not recorded for Boinka. The EquitySight investment score of 50/100 places Boinka in the mid tier of Australian suburbs we profile, and overall investor sentiment is balanced heading into the second half of 2026.

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Frequently Asked Questions

Is Boinka a good suburb for investment?

Boinka scores 50/100 on our EquitySight investment framework — a moderate rating. That score is driven by a population of 14, median household income of $207,948/year. 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 Boinka?

The main demand drivers in Boinka are an above-state-median household income of $207,948/year, 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 Boinka?

Boinka has a usual resident population of approximately 14, 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 Boinka from the Melbourne CBD?

Boinka sits 424 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 Boinka?

A reliable median rent was not captured for Boinka. Benchmark expected weekly rent on realestate.com.au and Domain, or the state rental tribunal's rent dashboard. Most Australian investors target a 4–5% gross yield as a baseline.

What is the typical mortgage repayment in Boinka?

A reliable median mortgage figure was not captured for Boinka. Use our loan serviceability calculator to estimate a realistic monthly repayment for your target purchase price and deposit.

Is Boinka cash-flow positive for investors?

Census data was not complete enough in Boinka to compute a clean rent-to-mortgage coverage. Use current listings to benchmark weekly rent, then plug your expected purchase price into our rental yield calculator to see whether the investment runs cash-flow positive or negative.

What are the main risks of investing in Boinka?

The main risks are a thin buyer pool (14 residents), interest-rate sensitivity, 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 Boinka 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.

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Victoria Property Resources