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Suburb Insights · VIC 3251

Cundare, VIC 3251 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Cundare is a regional centre in Victoria, Australia, with a population of approximately 15, making it a boutique locality. Located approximately 126 km from the Melbourne CBD, Cundare is a regional area in Victoria. The median household income is $117,000 per year.

Investment Score

51 / 100 Moderate

Strong household incomes in Cundare underpin solid property demand. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.

Location

Melbourne
Cundare
Victoria · 3251
126 km from Melbourne CBD
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Key Indicators

Postcode
3251

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

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Population
15

Usual resident population at the most recent census.

Median weekly rent
N/A

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$117,000/yr

Annual median household income (before tax) across all households.

Distance to CBD
126 km

Straight-line distance from the suburb centroid 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.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb.

Median monthly mortgage
$1,431/mo

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
100% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Investment Insight

Cundare is a smaller community of 15 — about 0% of the Victoria suburb median (7,416) — so investors should factor in the narrower buyer pool and longer average time-on-market. Median household income of $117,000/year runs 23% above the Victoria suburb median of $95,160, indicating strong purchasing power and the type of demographic profile that tends to sustain premium property prices through market cycles. Cundare is 126 km from Melbourne, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand. Separate houses make up 100% of dwellings — 22 percentage points above the Victoria median of 78% — pointing to a family-oriented, land-rich market where value is concentrated in the underlying block.

Cundare vs Victoria Median

How Cundare stacks up against the median of all Victoria suburbs in our dataset. Positive values mean Cundare sits above the state median; negative means below.

MetricCundareVIC medianΔ vs state
Population157,416-100%
Median household income$117,000/yr$95,160/yr+23%
Median mortgage (monthly)$1,431$1,950-27%
Distance to CBD126 km32 km+294%
Separate houses100%78%+22pp

Investor Checklist

Pre-inspection briefing for Cundare — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

Buy & Hold

Limited buy-and-hold upside: a small population of 15 means liquidity is thin and capital growth tends to lag the wider Victoria market over full cycles.

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Rental Yield

Median rental data was not captured for Cundare. Use current realestate.com.au and Domain listings to triangulate a realistic weekly rent before committing, then feed that number into our rental yield calculator.

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Renovation / Flip

With 100% houses in a 15-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.

Risk Factors

Run the numbers on a Cundare property

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30-year projections for Cundare

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Moderate

Capital-growth expectations for Cundare are modest for 2026 — incomes 23% above the VIC median of $95,160 and a population of 15 suggest gains will lag headline metro markets. Rental fundamentals will need to be verified against live listings, as a clean median rent was not recorded for Cundare. The EquitySight investment score of 51/100 places Cundare in the mid tier of Australian suburbs we profile, and overall investor sentiment is balanced heading into the second half of 2026.

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Frequently Asked Questions

Is Cundare a good suburb for investment?

Cundare scores 51/100 on our EquitySight investment framework — a moderate rating. That score is driven by a population of 15, median household income of $117,000/year. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.

What drives property demand in Cundare?

The main demand drivers in Cundare are an above-state-median household income of $117,000/year, a dwelling mix that is 100% separate houses, roughly 1 schools and 1 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.

What is the population of Cundare?

Cundare has a usual resident population of approximately 15, compared with a Victoria suburb median of 7,416 — placing it in the lower half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.

How far is Cundare from the Melbourne CBD?

Cundare sits 126 km straight-line from the Melbourne CBD. This is a regional market where CBD distance is only indicative — local industry diversity and commute alternatives matter more.

What is the median rent in Cundare?

A reliable median rent was not captured for Cundare. Benchmark expected weekly rent on realestate.com.au and Domain, or the state rental tribunal's rent dashboard. Most Australian investors target a 4–5% gross yield as a baseline.

What is the typical mortgage repayment in Cundare?

The median monthly mortgage repayment in Cundare is $1,431, or approximately $17,172/year (vs $1,950/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.

Is Cundare cash-flow positive for investors?

Census data was not complete enough in Cundare to compute a clean rent-to-mortgage coverage. Use current listings to benchmark weekly rent, then plug your expected purchase price into our rental yield calculator to see whether the investment runs cash-flow positive or negative.

What are the main risks of investing in Cundare?

The main risks are a thin buyer pool (15 residents), interest-rate sensitivity on the $1,431 median mortgage, the broader Victoria market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.

How we built this Cundare profile

Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.

Nearby Suburbs

Victoria Property Resources