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Suburb Insights ยท VIC 3239

Chapple Vale 3239, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Chapple Vale is a regional centre in Victoria, Australia, with a population of approximately 42, making it a boutique locality. Located approximately 172 km from the Melbourne CBD, Chapple Vale is a regional area in Victoria. The median household income is $100,724 AUD per year (ABS 2021 Census).

Investment Score

43 / 100 Moderate

Chapple Vale benefits from a high-income resident base, supporting premium property pricing. Distance from major centres is a consideration, though regional markets can offer higher rental yields.

Location

Map shows Chapple Vale, Victoria, Australia.

Key Indicators

Postcode
3239

Official Australia Post postcode for Chapple Vale. A postcode may cover multiple suburbs.

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Population
42

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

ABS Census Data โ†’
Median Rent (weekly)
N/A

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

State Rental Authority โ†’
Median Household Income
$100,724/yr

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

ABS Census Data โ†’
Distance to CBD
172 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)
$774/mo

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

ABS Census Data โ†’
Dwelling Type
59% 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, Chapple Vale 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. A median household income of $100,724/year supports premium property values and indicates a well-employed resident base.

Investment Strategy

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Buy & Hold

Holding property in Chapple Vale over the medium term may deliver steady, if unspectacular, returns.

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Rental Yield

Achieving strong cash flow in Chapple Vale is challenging at current rent-to-price ratios.

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Renovation / Flip

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

Risk Factors

Run the numbers on a Chapple Vale property

Full Property Analysis

30-year projections for Chapple Vale

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

Chapple Vale faces a cautious growth outlook for 2026 โ€” investors should focus on yield rather than short-term gains. The rental pipeline in Chapple Vale is thinner โ€” flexible lease terms could help secure tenants faster. Chapple Vale is not a headline market, but contrarian investors may see long-term potential.

Frequently Asked Questions

Is Chapple Vale a good suburb for investment?

Chapple Vale is a regional area in Victoria with a population of 42. the median household income is $100,724/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 Chapple Vale?

Key demand drivers in Chapple Vale include regional employment hubs, lifestyle, and affordability. 59% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Chapple Vale?

According to the ABS 2021 Census, Chapple Vale has a population of approximately 42. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Chapple Vale from the Melbourne CBD?

Chapple Vale is approximately 172 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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