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Suburb Insights · VIC 3352

Burrumbeet, VIC 3352 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Burrumbeet is a regional centre in Victoria, Australia, with a population of approximately 249, making it a boutique locality. Located approximately 123 km from the Melbourne CBD, Burrumbeet is a regional area in Victoria. The median household income is $49,348 per year.

Investment Score

26 / 100 Weak

Lower income levels in Burrumbeet typically translate to more affordable entry points for investors. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.

Location

Melbourne
Burrumbeet
Victoria · 3352
123 km from Melbourne CBD
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Key Indicators

Postcode
3352

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

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Population
249

Usual resident population at the most recent census.

Median weekly rent
$135/wk

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

Median household income
$49,348/yr

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

Distance to CBD
123 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
$1,300/mo

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

Home type
45% houses

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

Investment Insight

Burrumbeet is a smaller community of 249 — about 3% of the Victoria suburb median (7,416) — so investors should factor in the narrower buyer pool and longer average time-on-market. Burrumbeet's median household income of $49,348/year is 48% below the Victoria suburb median ($95,160) — this is an affordability play where returns lean on yield and patient capital growth rather than demographic premium. Weekly rent of $135 covers just 45% of the median $1,300/month mortgage repayment, leaving a $715/month gap — investors should only pursue this suburb with a clear capital-growth thesis and sufficient external income to fund the shortfall. Burrumbeet is 123 km from Melbourne, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand. Only 45% of dwellings are separate houses (vs 78% state median), so this is a unit-heavy market where body-corporate decisions and strata supply meaningfully shape investor returns.

Burrumbeet vs Victoria Median

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

MetricBurrumbeetVIC medianΔ vs state
Population2497,416-97%
Median household income$49,348/yr$95,160/yr-48%
Median rent (weekly)$135$380-64%
Median mortgage (monthly)$1,300$1,950-33%
Distance to CBD123 km32 km+284%
Separate houses45%78%-33pp

Investor Checklist

Pre-inspection briefing for Burrumbeet — 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 249 means liquidity is thin and capital growth tends to lag the wider Victoria market over full cycles.

Rental Yield

Weak cash flow: $135/week rent covers only 45% of the $1,300/month median mortgage — a $715/month gap that must be funded from other income. This suburb is a capital-growth play, not a yield play.

Renovation / Flip

Only 45% of dwellings are separate houses (vs 78% VIC median) — this is a unit and townhouse market, where cosmetic flips struggle against body-corporate restrictions, thinner after-reno uplift and competing new supply.

Risk Factors

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30-year projections for Burrumbeet

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital-growth expectations for Burrumbeet are modest for 2026 — incomes 48% below the VIC median of $95,160 and a population of 249 suggest gains will lag headline metro markets. Rental coverage runs at ~45% of the typical mortgage ($585/month rent vs $1,300/month repayment), meaning investors will rely on capital growth rather than yield. The EquitySight investment score of 26/100 places Burrumbeet in the lower tier of Australian suburbs we profile, and overall investor sentiment is cautious heading into the second half of 2026.

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Frequently Asked Questions

Is Burrumbeet a good suburb for investment?

Burrumbeet scores 26/100 on our EquitySight investment framework — a weak rating. That score is driven by a population of 249, median household income of $49,348/year and median weekly rent of $135. 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 Burrumbeet?

The main demand drivers in Burrumbeet are a median household income of $49,348/year, a dwelling mix that is 45% separate houses, 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 Burrumbeet?

Burrumbeet has a usual resident population of approximately 249, 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 Burrumbeet from the Melbourne CBD?

Burrumbeet sits 123 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 Burrumbeet?

The most recent census recorded a median weekly rent of $135 in Burrumbeet, equating to approximately $7,020/year in gross rental income (state median $380/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.

What is the typical mortgage repayment in Burrumbeet?

The median monthly mortgage repayment in Burrumbeet is $1,300, or approximately $15,600/year (vs $1,950/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.

Is Burrumbeet cash-flow positive for investors?

A median weekly rent of $135 works out to $585/month, covering 45% of the median mortgage repayment of $1,300/month. That leaves a $715/month shortfall (around $8,580/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.

What are the main risks of investing in Burrumbeet?

The main risks are a thin buyer pool (249 residents), interest-rate sensitivity on the $1,300 median mortgage, below-median household incomes ($49,348 vs $95,160 state median), 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 Burrumbeet 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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