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Suburb Insights · VIC 3356

Delacombe, VIC 3356 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Delacombe is a regional centre in Victoria, Australia, with a population of approximately 5,408, making it a smaller community. Located approximately 104 km from the Melbourne CBD, Delacombe is a regional area in Victoria. The median household income is $69,628 per year.

Investment Score

41 / 100 Moderate

Household earnings in Delacombe are below the state average, which may affect long-term capital growth. Distance from major centres is a consideration, though regional markets can offer higher rental yields.

Location

Melbourne
Delacombe
Victoria · 3356
104 km from Melbourne CBD
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Key Indicators

Postcode
3356

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

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Population
5,408

Usual resident population at the most recent census.

Median weekly rent
$310/wk

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

Median household income
$69,628/yr

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

Distance to CBD
104 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
2

Estimated 2 parks and green spaces near this suburb.

Median monthly mortgage
$1,365/mo

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

Home type
87% houses

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

Why People Like Living in Delacombe

Who Delacombe Suits

👨‍👩‍👧FamiliesSchool count or dwelling mix is lighter here.
📊InvestorsRent covers a solid share of the median mortgage.
🏡First-home buyersEntry costs sit at or below the Victoria median.
💼ProfessionalsLonger commute to the CBD.

Pros and Cons

Pros

  • Rent sits within an affordable share of local incomes, supporting tenant demand.
  • Mortgage costs are lower than the Victoria median, improving cash-flow margins.
  • Solid transport links into employment hubs.

Cons

  • Long distance to the CBD (104 km) — plan for commute time or local employment.
  • Fewer schools inside the suburb itself — verify catchments for neighbouring areas.

Investment Insight

Delacombe is a smaller community of 5,408 — about 73% of the Victoria suburb median (7,416) — so investors should factor in the narrower buyer pool and longer average time-on-market. Delacombe's median household income of $69,628/year is 27% below the Victoria suburb median ($95,160) — this is an affordability play where returns lean on yield and patient capital growth rather than demographic premium. Median weekly rent of $310 equates to $1,343/month — about 98% of the median mortgage repayment of $1,365/month — meaning rental income covers most of a typical owner's repayment and this is a genuine cash-flow suburb before tax benefits. Delacombe is 104 km from Melbourne, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand.

Investment Tip

Regional property can deliver strong cash-flow yields but liquidity is tighter — plan for longer hold periods and verify local employment stability. Local rents consume roughly 23% of household income — a useful sanity check on tenant affordability.

Delacombe vs Victoria Median

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

MetricDelacombeVIC medianΔ vs state
Population5,4087,416-27%
Median household income$69,628/yr$95,160/yr-27%
Median rent (weekly)$310$380-18%
Median mortgage (monthly)$1,365$1,950-30%
Distance to CBD104 km32 km+225%
Separate houses87%78%+9pp

Investor Checklist

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

Investment Strategy

Buy & Hold

Limited buy-and-hold upside: household incomes 27% below the VIC median ($69,628 vs $95,160) means liquidity is thin and capital growth tends to lag the wider Victoria market over full cycles.

Rental Yield

Strong rental coverage: $310/week (~$1,343/month) covers 98% of the $1,365/month median mortgage repayment, so the shortfall sits at just $22/month. Investors targeting positive cash flow should shortlist this suburb.

⚠️
Renovation / Flip

With 87% houses in a 5,408-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 Delacombe property

Full Property Analysis

30-year projections for Delacombe

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2026 Outlook

Growth: Low Rental Demand: Moderate Investor Sentiment: Low

Capital-growth expectations for Delacombe are modest for 2026 — incomes 27% below the VIC median of $95,160 suggest gains will lag headline metro markets. Rental coverage runs at ~98% of the typical mortgage ($1,343/month rent vs $1,365/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 41/100 places Delacombe in the mid tier of Australian suburbs we profile, and overall investor sentiment is cautious heading into the second half of 2026.

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Frequently Asked Questions

Is Delacombe a good suburb for investment?

Delacombe scores 41/100 on our EquitySight investment framework — a moderate rating. That score is driven by a population of 5,408, median household income of $69,628/year and median weekly rent of $310. 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 Delacombe?

The main demand drivers in Delacombe are a median household income of $69,628/year, a dwelling mix that is 87% separate houses, roughly 1 schools and 2 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 Delacombe?

Delacombe has a usual resident population of approximately 5,408, 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 Delacombe from the Melbourne CBD?

Delacombe sits 104 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 Delacombe?

The most recent census recorded a median weekly rent of $310 in Delacombe, equating to approximately $16,120/year in gross rental income (state median $380/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.

What is the typical mortgage repayment in Delacombe?

The median monthly mortgage repayment in Delacombe is $1,365, or approximately $16,380/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 Delacombe cash-flow positive for investors?

A median weekly rent of $310 works out to $1,343/month, covering 98% of the median mortgage repayment of $1,365/month. That leaves a $22/month shortfall (around $264/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.

What are the main risks of investing in Delacombe?

The main risks are interest-rate sensitivity on the $1,365 median mortgage, below-median household incomes ($69,628 vs $95,160 state median), 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 Delacombe 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.

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