Free full calculator โ†’
Suburb Insights ยท VIC 3325

Derrinallum 3325, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Derrinallum is a regional centre in Victoria, Australia, with a population of approximately 386, making it a boutique locality. Located approximately 157 km from the Melbourne CBD, Derrinallum is a regional area in Victoria. The median household income is $49,192 AUD per year (ABS 2021 Census).

Investment Score

23 / 100 Weak

Household earnings in Derrinallum 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

Map shows Derrinallum, Victoria, Australia.

Key Indicators

Postcode
3325

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

Australia Post Postcode Finder โ†’
Population
386

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

ABS Census Data โ†’
Median Rent (weekly)
$170/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

State Rental Authority โ†’
Median Household Income
$49,192/yr

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

ABS Census Data โ†’
Distance to CBD
157 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.

Find schools near Derrinallum on My School โ†’
Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$861/mo

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

ABS Census Data โ†’
Dwelling Type
76% 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, Derrinallum 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 $170/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $861/month. 76% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

โŒ
Buy & Hold

Buy-and-hold in Derrinallum carries higher risk due to limited demand drivers and slower growth fundamentals.

โŒ
Rental Yield

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

โŒ
Renovation / Flip

Limited buyer depth in Derrinallum makes flip strategies higher-risk โ€” consider rental conversion instead.

Risk Factors

Run the numbers on a Derrinallum property

Full Property Analysis

30-year projections for Derrinallum

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

Create free account โ†’
Or jump straight to a calculator: Loan Serviceability First Home Buyer Grants

2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Price movement in Derrinallum is expected to be flat to modest in 2026, reflecting broader regional market conditions. The rental pipeline in Derrinallum is thinner โ€” flexible lease terms could help secure tenants faster. Derrinallum is not a headline market, but contrarian investors may see long-term potential.

Frequently Asked Questions

Is Derrinallum a good suburb for investment?

Derrinallum is a regional area in Victoria with a population of 386. The median rent is $170/week and the median household income is $49,192/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 Derrinallum?

Key demand drivers in Derrinallum include regional employment hubs, lifestyle, and affordability. 76% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Derrinallum?

According to the ABS 2021 Census, Derrinallum has a population of approximately 386. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Derrinallum from the Melbourne CBD?

Derrinallum is approximately 157 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.

Explore Nearby Suburbs

Victoria Property Resources