Free full calculator โ†’
Suburb Insights ยท VIC 3352

Bullarook 3352, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Bullarook is a regional centre in Victoria, Australia, with a population of approximately 77, making it a boutique locality. Located approximately 91 km from the Melbourne CBD, Bullarook is a regional area in Victoria. The median household income is $67,132 AUD per year (ABS 2021 Census).

Investment Score

29 / 100 Weak

Bullarook's income profile suggests a value-oriented market with competitive purchase prices. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.

Location

Map shows Bullarook, Victoria, Australia.

Key Indicators

Postcode
3352

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

Australia Post Postcode Finder โ†’
Population
77

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

ABS Census Data โ†’
Median Rent (weekly)
$245/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

State Rental Authority โ†’
Median Household Income
$67,132/yr

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

ABS Census Data โ†’
Distance to CBD
91 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.

Find schools near Bullarook on My School โ†’
Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$2,167/mo

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

ABS Census Data โ†’
Dwelling Type
77% 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, Bullarook 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 $245/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $2,167/month. 77% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

โš ๏ธ
Buy & Hold

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

โŒ
Rental Yield

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

โŒ
Renovation / Flip

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

Risk Factors

Run the numbers on a Bullarook property

Full Property Analysis

30-year projections for Bullarook

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

Create free account โ†’
Or jump straight to a calculator: Loan Serviceability First Home Buyer Grants

2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Bullarook faces a cautious growth outlook for 2026 โ€” investors should focus on yield rather than short-term gains. Landlords in Bullarook may face longer tenant search times; competitive pricing will be important. Investor sentiment toward Bullarook is currently lukewarm โ€” value hunters may find opportunity here.

Frequently Asked Questions

Is Bullarook a good suburb for investment?

Bullarook is a regional area in Victoria with a population of 77. The median rent is $245/week and the median household income is $67,132/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 Bullarook?

Key demand drivers in Bullarook include regional employment hubs, lifestyle, and affordability. 77% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Bullarook?

According to the ABS 2021 Census, Bullarook has a population of approximately 77. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Bullarook from the Melbourne CBD?

Bullarook is approximately 91 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). Road travel times will vary; check current mapping services for up-to-date routes.

Explore Nearby Suburbs

Victoria Property Resources