Free full calculator โ†’
Suburb Insights ยท VIC 3939

Cape Schanck 3939, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Cape Schanck is a coastal suburb in Victoria, Australia, with a population of approximately 569, making it a boutique locality. Located approximately 72 km from the Melbourne CBD, Cape Schanck is a coastal area in Victoria. The median household income is $113,828 AUD per year (ABS 2021 Census).

Investment Score

58 / 100 Moderate

Cape Schanck benefits from a high-income resident base, supporting premium property pricing. The coastal setting provides a lifestyle factor that underpins property values.

Location

Map shows Cape Schanck, Victoria, Australia.

Key Indicators

Postcode
3939

Official Australia Post postcode for Cape Schanck. A postcode may cover multiple suburbs.

Australia Post Postcode Finder โ†’
Population
569

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

ABS Census Data โ†’
Median Rent (weekly)
$359/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
$113,828/yr

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

ABS Census Data โ†’
Distance to CBD
72 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 Cape Schanck on My School โ†’
Parks & green spaces
1

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

Median Mortgage (monthly)
$1,950/mo

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

ABS Census Data โ†’
Dwelling Type
58% 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

Coastal lifestyle is a strong draw for Cape Schanck, supporting both long-term rental demand and holiday letting potential. Seaside suburbs in Victoria consistently attract interstate migration and lifestyle buyers. The median rent of $359/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,950/month. A median household income of $113,828/year supports premium property values and indicates a well-employed resident base.

Investment Strategy

โš ๏ธ
Buy & Hold

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

โš ๏ธ
Rental Yield

Expect competitive but not exceptional rental returns in Cape Schanck's current market.

โŒ
Renovation / Flip

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

Risk Factors

Run the numbers on a Cape Schanck property

Full Property Analysis

30-year projections for Cape Schanck

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: Moderate Rental Demand: Moderate Investor Sentiment: Moderate

Growth in Cape Schanck through 2026 will likely be steady rather than spectacular, tracking the wider market. Tenants in Cape Schanck have options โ€” presenting well-maintained properties is key to minimising vacancy. Cape Schanck offers measured appeal for investors willing to look beyond headline metrics.

Frequently Asked Questions

Is Cape Schanck a good suburb for investment?

Cape Schanck is a coastal area in Victoria with a population of 569. The median rent is $359/week and the median household income is $113,828/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 Cape Schanck?

Key demand drivers in Cape Schanck include lifestyle appeal and proximity to the coast. 58% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Cape Schanck?

According to the ABS 2021 Census, Cape Schanck has a population of approximately 569. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Cape Schanck from the Melbourne CBD?

Cape Schanck is approximately 72 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