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Suburb Insights ยท VIC 3870

Boolarra South 3870, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Boolarra South is a regional centre in Victoria, Australia, with a population of approximately 147, making it a boutique locality. Located approximately 135 km from the Melbourne CBD, Boolarra South is a regional area in Victoria. The median household income is $66,456 AUD per year (ABS 2021 Census).

Investment Score

38 / 100 Weak

Household earnings in Boolarra South are below the state average, which may affect long-term capital growth. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.

Location

Map shows Boolarra South, Victoria, Australia.

Key Indicators

Postcode
3870

Official Australia Post postcode for Boolarra South. A postcode may cover multiple suburbs.

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Population
147

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

ABS Census Data โ†’
Median Rent (weekly)
$2,077/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
$66,456/yr

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

ABS Census Data โ†’
Distance to CBD
135 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)
$1,300/mo

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

ABS Census Data โ†’
Dwelling Type
75% 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, Boolarra South 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 $2,077/week (ABS 2021) indicates a premium rental market. Owner-occupiers face a median mortgage repayment of $1,300/month. 75% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

A buy-and-hold approach in Boolarra South could work well with careful property selection and a longer time horizon.

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Rental Yield

Boolarra South's rental market favours investors seeking yield โ€” occupancy rates are typically strong in this area.

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Renovation / Flip

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

Risk Factors

Run the numbers on a Boolarra South property

Full Property Analysis

30-year projections for Boolarra South

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Price movement in Boolarra South is expected to be flat to modest in 2026, reflecting broader regional market conditions. Landlords in Boolarra South may face longer tenant search times; competitive pricing will be important. Boolarra South is not a headline market, but contrarian investors may see long-term potential.

Frequently Asked Questions

Is Boolarra South a good suburb for investment?

Boolarra South is a regional area in Victoria with a population of 147. The median rent is $2,077/week and the median household income is $66,456/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 Boolarra South?

Key demand drivers in Boolarra South include regional employment hubs, lifestyle, and affordability. 75% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Boolarra South?

According to the ABS 2021 Census, Boolarra South has a population of approximately 147. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Boolarra South from the Melbourne CBD?

Boolarra South is approximately 135 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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