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Suburb Insights ยท VIC 3305

Cashmore 3305, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Cashmore is a regional centre in Victoria, Australia, with a population of approximately 197, making it a boutique locality. Located approximately 309 km from the Melbourne CBD, Cashmore is a regional area in Victoria. The median household income is $94,224 AUD per year (ABS 2021 Census).

Investment Score

44 / 100 Moderate

Strong household incomes in Cashmore underpin solid property demand. As a regional location, growth prospects depend on local economic conditions and infrastructure investment.

Location

Map shows Cashmore, Victoria, Australia.

Key Indicators

Postcode
3305

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

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Population
197

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

ABS Census Data โ†’
Median Rent (weekly)
$200/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
$94,224/yr

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

ABS Census Data โ†’
Distance to CBD
309 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)
$1,350/mo

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

ABS Census Data โ†’
Dwelling Type
82% 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, Cashmore 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 $200/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,350/month. The median household income of $94,224/year reflects a solid demographic, supporting sustainable rental demand. 82% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

A buy-and-hold approach in Cashmore could work well with careful property selection and a longer time horizon.

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Rental Yield

Rental yields in Cashmore tend to be lower โ€” investors may need to rely on capital growth instead.

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Renovation / Flip

The resale market in Cashmore may not support quick-turnaround renovation projects.

Risk Factors

Run the numbers on a Cashmore property

Full Property Analysis

30-year projections for Cashmore

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

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital growth in Cashmore may remain subdued in 2026, with limited demand drivers in the near term. Rental demand may be softer โ€” budgeting for vacancy periods is prudent in Cashmore's 2026 outlook. Cashmore is not a headline market, but contrarian investors may see long-term potential.

Frequently Asked Questions

Is Cashmore a good suburb for investment?

Cashmore is a regional area in Victoria with a population of 197. The median rent is $200/week and the median household income is $94,224/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 Cashmore?

Key demand drivers in Cashmore include regional employment hubs, lifestyle, and affordability. 82% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Cashmore?

According to the ABS 2021 Census, Cashmore has a population of approximately 197. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Cashmore from the Melbourne CBD?

Cashmore is approximately 309 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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