ABS 2021 Census · Updated 31 March 2026
Castella is a regional centre in Victoria, Australia, with a population of approximately 257, making it a boutique locality. Located approximately 53 km from the Melbourne CBD, Castella is a regional area in Victoria. The median household income is $102,856 AUD per year (ABS 2021 Census).
Strong household incomes in Castella underpin solid property demand. Distance from major centres is a consideration, though regional markets can offer higher rental yields.
Map shows Castella, Victoria, Australia.
Official Australia Post postcode for Castella. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.
ABS Census Data →Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.
State Rental Authority →Annual median household income (before tax) for all households. Source: ABS 2021 Census.
ABS Census Data →Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 1 school within or near this suburb based on ABS 2021 data.
Find schools near Castella on My School →Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.
Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.
ABS Census Data →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 →As a regional centre, Castella 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 $420/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $1,817/month. A median household income of $102,856/year supports premium property values and indicates a well-employed resident base. 96% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.
A buy-and-hold approach in Castella could work well with careful property selection and a longer time horizon.
Rental yields in Castella are moderate — screen for properties that offer above-average returns.
The resale market in Castella may not support quick-turnaround renovation projects.
Run the numbers on a Castella property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Capital growth in Castella may remain subdued in 2026, with limited demand drivers in the near term. The rental pipeline in Castella is thinner — flexible lease terms could help secure tenants faster. Sentiment is subdued, though improving local conditions could shift perceptions over time.
Castella is a regional area in Victoria with a population of 257. The median rent is $420/week and the median household income is $102,856/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.
Key demand drivers in Castella include regional employment hubs, lifestyle, and affordability. 96% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.
According to the ABS 2021 Census, Castella has a population of approximately 257. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.
Castella is approximately 53 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.