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Suburb Insights ยท VIC 3723

Boorolite 3723, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Boorolite is a regional centre in Victoria, Australia, with a population of approximately 166, making it a boutique locality. Located approximately 132 km from the Melbourne CBD, Boorolite is a regional area in Victoria. The median household income is $97,500 AUD per year (ABS 2021 Census).

Investment Score

46 / 100 Moderate

Boorolite benefits from a high-income resident base, supporting premium property pricing. As a regional location, growth prospects depend on local economic conditions and infrastructure investment.

Location

Map shows Boorolite, Victoria, Australia.

Key Indicators

Postcode
3723

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

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Population
166

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

ABS Census Data โ†’
Median Rent (weekly)
$225/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
$97,500/yr

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

ABS Census Data โ†’
Distance to CBD
132 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)
$1,993/mo

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

ABS Census Data โ†’
Dwelling Type
64% 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, Boorolite 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 $225/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,993/month. The median household income of $97,500/year reflects a solid demographic, supporting sustainable rental demand.

Investment Strategy

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Buy & Hold

Holding property in Boorolite over the medium term may deliver steady, if unspectacular, returns.

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Rental Yield

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

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Renovation / Flip

The resale market in Boorolite may not support quick-turnaround renovation projects.

Risk Factors

Run the numbers on a Boorolite property

Full Property Analysis

30-year projections for Boorolite

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Boorolite faces a cautious growth outlook for 2026 โ€” investors should focus on yield rather than short-term gains. Rental demand may be softer โ€” budgeting for vacancy periods is prudent in Boorolite's 2026 outlook. Sentiment is subdued, though improving local conditions could shift perceptions over time.

Frequently Asked Questions

Is Boorolite a good suburb for investment?

Boorolite is a regional area in Victoria with a population of 166. The median rent is $225/week and the median household income is $97,500/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 Boorolite?

Key demand drivers in Boorolite include regional employment hubs, lifestyle, and affordability. 64% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Boorolite?

According to the ABS 2021 Census, Boorolite has a population of approximately 166. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Boorolite from the Melbourne CBD?

Boorolite is approximately 132 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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