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ABS 2021 Census · Updated 21 May 2026
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 per year.
Cape Schanck benefits from a high-income resident base, supporting premium property pricing. The coastal setting provides a lifestyle factor that underpins property values.
Official Australia Post postcode for Cape Schanck. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at the most recent census.
Weekly median rent for occupied homes. Live rental data integration coming soon.
Annual median household income (before tax) across all households.
Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 1 school within or near this suburb.
Find schools near Cape Schanck on My School →Estimated 1 park and green spaces near this suburb.
Monthly median mortgage repayment for households currently paying off a mortgage.
Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.
Cape Schanck is a smaller community of 569 — about 8% of the Victoria suburb median (7,416) — so investors should factor in the narrower buyer pool and longer average time-on-market. Median household income of $113,828/year runs 20% above the Victoria suburb median of $95,160, indicating strong purchasing power and the type of demographic profile that tends to sustain premium property prices through market cycles. Rent of $359/week (80% coverage of the $1,950/month median mortgage) leaves a gap of roughly $394/month that a typical investor bridges with negative gearing, depreciation and capital growth. Cape Schanck is 72 km from Melbourne, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand. Only 58% 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.
How Cape Schanck stacks up against the median of all Victoria suburbs in our dataset. Positive values mean Cape Schanck sits above the state median; negative means below.
| Metric | Cape Schanck | VIC median | Δ vs state |
|---|---|---|---|
| Population | 569 | 7,416 | -92% |
| Median household income | $113,828/yr | $95,160/yr | +20% |
| Median rent (weekly) | $359 | $380 | -6% |
| Median mortgage (monthly) | $1,950 | $1,950 | 0% |
| Distance to CBD | 72 km | 32 km | +125% |
| Separate houses | 58% | 78% | -20pp |
Pre-inspection briefing for Cape Schanck — every item is derived from public datasets, with full citations in our data sources page.
Limited buy-and-hold upside: a small population of 569 means liquidity is thin and capital growth tends to lag the wider Victoria market over full cycles.
Moderate rental coverage: rent of $359/week covers 80% of a $1,950/month mortgage, leaving a $394/month gap that an investor bridges with equity, depreciation and tax benefits.
Only 58% 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.
Run the numbers on a Cape Schanck property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Capital-growth expectations for Cape Schanck are modest for 2026 — incomes 20% above the VIC median of $95,160 and a population of 569 suggest gains will lag headline metro markets. Rental coverage runs at ~80% of the typical mortgage ($1,556/month rent vs $1,950/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 58/100 places Cape Schanck in the mid tier of Australian suburbs we profile, and overall investor sentiment is balanced heading into the second half of 2026.
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Cape Schanck scores 58/100 on our EquitySight investment framework — a moderate rating. That score is driven by a population of 569, median household income of $113,828/year and median weekly rent of $359. 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.
The main demand drivers in Cape Schanck are an above-state-median household income of $113,828/year, a dwelling mix that is 58% 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.
Cape Schanck has a usual resident population of approximately 569, 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.
Cape Schanck sits 72 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.
The most recent census recorded a median weekly rent of $359 in Cape Schanck, equating to approximately $18,668/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.
The median monthly mortgage repayment in Cape Schanck is $1,950, or approximately $23,400/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.
A median weekly rent of $359 works out to $1,556/month, covering 80% of the median mortgage repayment of $1,950/month. That leaves a $394/month shortfall (around $4,728/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.
The main risks are a thin buyer pool (569 residents), interest-rate sensitivity on the $1,950 median mortgage, the broader Victoria market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.
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.