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Suburb Insights ยท VIC 3268

Cooriemungle 3268, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Cooriemungle is a regional centre in Victoria, Australia, with a population of approximately 311, making it a boutique locality. Located approximately 180 km from the Melbourne CBD, Cooriemungle is a regional area in Victoria. The median household income is $86,424 AUD per year (ABS 2021 Census).

Investment Score

38 / 100 Weak

Moderate income levels in Cooriemungle indicate steady rental demand from working households. As a regional location, growth prospects depend on local economic conditions and infrastructure investment.

Location

Map shows Cooriemungle, Victoria, Australia.

Key Indicators

Postcode
3268

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

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Population
311

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

ABS Census Data โ†’
Median Rent (weekly)
$180/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
$86,424/yr

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

ABS Census Data โ†’
Distance to CBD
180 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)
$1,000/mo

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

ABS Census Data โ†’
Dwelling Type
81% 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, Cooriemungle 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 $180/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,000/month. The median household income of $86,424/year reflects a solid demographic, supporting sustainable rental demand. 81% 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 Cooriemungle could work well with careful property selection and a longer time horizon.

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Rental Yield

Cooriemungle's rental market is softer โ€” budget for potential vacancy periods.

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Renovation / Flip

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

Risk Factors

Run the numbers on a Cooriemungle property

Full Property Analysis

30-year projections for Cooriemungle

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Price movement in Cooriemungle is expected to be flat to modest in 2026, reflecting broader regional market conditions. Rental demand may be softer โ€” budgeting for vacancy periods is prudent in Cooriemungle's 2026 outlook. Sentiment is subdued, though improving local conditions could shift perceptions over time.

Frequently Asked Questions

Is Cooriemungle a good suburb for investment?

Cooriemungle is a regional area in Victoria with a population of 311. The median rent is $180/week and the median household income is $86,424/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 Cooriemungle?

Key demand drivers in Cooriemungle include regional employment hubs, lifestyle, and affordability. 81% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Cooriemungle?

According to the ABS 2021 Census, Cooriemungle has a population of approximately 311. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Cooriemungle from the Melbourne CBD?

Cooriemungle is approximately 180 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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