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Suburb Insights ยท VIC 3303

Breakaway Creek 3303, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Breakaway Creek is a regional centre in Victoria, Australia, with a population of approximately 39, making it a boutique locality. Located approximately 277 km from the Melbourne CBD, Breakaway Creek is a regional area in Victoria. The median household income is $108,316 AUD per year (ABS 2021 Census).

Investment Score

48 / 100 Moderate

Breakaway Creek benefits from a high-income resident base, supporting premium property pricing. Distance from major centres is a consideration, though regional markets can offer higher rental yields.

Location

Map shows Breakaway Creek, Victoria, Australia.

Key Indicators

Postcode
3303

Official Australia Post postcode for Breakaway Creek. A postcode may cover multiple suburbs.

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Population
39

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

ABS Census Data โ†’
Median Rent (weekly)
$168/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
$108,316/yr

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

ABS Census Data โ†’
Distance to CBD
277 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)
$1,194/mo

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

ABS Census Data โ†’
Dwelling Type
68% 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, Breakaway Creek 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 $168/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,194/month. A median household income of $108,316/year supports premium property values and indicates a well-employed resident base.

Investment Strategy

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Buy & Hold

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

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Rental Yield

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

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Renovation / Flip

Limited buyer depth in Breakaway Creek makes flip strategies higher-risk โ€” consider rental conversion instead.

Risk Factors

Run the numbers on a Breakaway Creek property

Full Property Analysis

30-year projections for Breakaway Creek

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Breakaway Creek faces a cautious growth outlook for 2026 โ€” investors should focus on yield rather than short-term gains. The rental pipeline in Breakaway Creek is thinner โ€” flexible lease terms could help secure tenants faster. Sentiment is subdued, though improving local conditions could shift perceptions over time.

Frequently Asked Questions

Is Breakaway Creek a good suburb for investment?

Breakaway Creek is a regional area in Victoria with a population of 39. The median rent is $168/week and the median household income is $108,316/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 Breakaway Creek?

Key demand drivers in Breakaway Creek include regional employment hubs, lifestyle, and affordability. 68% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Breakaway Creek?

According to the ABS 2021 Census, Breakaway Creek has a population of approximately 39. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Breakaway Creek from the Melbourne CBD?

Breakaway Creek is approximately 277 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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