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Suburb Insights ยท VIC 3373

Chute 3373, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Chute is a regional centre in Victoria, Australia, with a population of approximately 13, making it a boutique locality. Located approximately 148 km from the Melbourne CBD, Chute is a regional area in Victoria. The median household income is $49,348 AUD per year (ABS 2021 Census).

Investment Score

23 / 100 Weak

Chute's income profile suggests a value-oriented market with competitive purchase prices. Distance from major centres is a consideration, though regional markets can offer higher rental yields.

Location

Map shows Chute, Victoria, Australia.

Key Indicators

Postcode
3373

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

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Population
13

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
$49,348/yr

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

ABS Census Data โ†’
Distance to CBD
148 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)
N/A

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

ABS Census Data โ†’
Dwelling Type
38% 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, Chute 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. With only 38% separate houses, Chute has a significant apartment and unit market โ€” typical of inner-city investment corridors.

Investment Strategy

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Buy & Hold

Long-term holding in Chute requires careful assessment of local economic resilience.

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Rental Yield

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

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Renovation / Flip

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

Risk Factors

Run the numbers on a Chute property

Full Property Analysis

30-year projections for Chute

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

Chute faces a cautious growth outlook for 2026 โ€” investors should focus on yield rather than short-term gains. The rental pipeline in Chute is thinner โ€” flexible lease terms could help secure tenants faster. Investor sentiment toward Chute is currently lukewarm โ€” value hunters may find opportunity here.

Frequently Asked Questions

Is Chute a good suburb for investment?

Chute is a regional area in Victoria with a population of 13. the median household income is $49,348/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 Chute?

Key demand drivers in Chute include regional employment hubs, lifestyle, and affordability. 38% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Chute?

According to the ABS 2021 Census, Chute has a population of approximately 13. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Chute from the Melbourne CBD?

Chute is approximately 148 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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