ABS 2021 Census ยท Updated 31 March 2026
Cherrypool is a regional centre in Victoria, Australia, with a population of approximately 3, making it a boutique locality. Located approximately 258 km from the Melbourne CBD, Cherrypool is a regional area in Victoria. The median household income is $71,500 AUD per year (ABS 2021 Census).
Lower income levels in Cherrypool typically translate to more affordable entry points for investors. As a regional location, growth prospects depend on local economic conditions and infrastructure investment.
Map shows Cherrypool, Victoria, Australia.
Official Australia Post postcode for Cherrypool. A postcode may cover multiple suburbs.
Australia Post Postcode Finder โUsual resident population at census night. Source: ABS 2021 Census of Population and Housing.
ABS Census Data โWeekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.
State Rental Authority โAnnual median household income (before tax) for all households. Source: ABS 2021 Census.
ABS Census Data โStraight-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 Cherrypool on My School โEstimated 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 โProportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.
ABS Census Data โAs a regional centre, Cherrypool 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 buy-and-hold approach in Cherrypool could work well with careful property selection and a longer time horizon.
Rental yields in Cherrypool tend to be lower โ investors may need to rely on capital growth instead.
The resale market in Cherrypool may not support quick-turnaround renovation projects.
Run the numbers on a Cherrypool property
Scenario comparison, cash flow analysis, tax modelling, and PDF export โ all in one place.
Create free account โCapital growth in Cherrypool 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 Cherrypool's 2026 outlook. Investor sentiment toward Cherrypool is currently lukewarm โ value hunters may find opportunity here.
Cherrypool is a regional area in Victoria with a population of 3. the median household income is $71,500/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 Cherrypool include regional employment hubs, lifestyle, and affordability. The area has approximately 1 schools and 1 parks nearby.
According to the ABS 2021 Census, Cherrypool has a population of approximately 3. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.
Cherrypool is approximately 258 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.