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Suburb Insights ยท VIC 3266

Elingamite North 3266, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Elingamite North is a regional centre in Victoria, Australia, with a population of approximately 118, making it a boutique locality. Located approximately 183 km from the Melbourne CBD, Elingamite North is a regional area in Victoria. The median household income is $100,724 AUD per year (ABS 2021 Census).

Investment Score

45 / 100 Moderate

Elingamite North benefits from a high-income resident base, supporting premium property pricing. As a regional location, growth prospects depend on local economic conditions and infrastructure investment.

Location

Map shows Elingamite North, Victoria, Australia.

Key Indicators

Postcode
3266

Official Australia Post postcode for Elingamite North. A postcode may cover multiple suburbs.

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Population
118

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

ABS Census Data โ†’
Median Rent (weekly)
$150/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
$100,724/yr

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

ABS Census Data โ†’
Distance to CBD
183 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)
$2,819/mo

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

ABS Census Data โ†’
Dwelling Type
91% 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, Elingamite North 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 $150/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $2,819/month. A median household income of $100,724/year supports premium property values and indicates a well-employed resident base. 91% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

Holding property in Elingamite North over the medium term may deliver steady, if unspectacular, returns.

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Rental Yield

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

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Renovation / Flip

Renovation or flip strategies in Elingamite North face headwinds from a smaller buyer pool and slower turnover.

Risk Factors

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Full Property Analysis

30-year projections for Elingamite North

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Price movement in Elingamite North 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 Elingamite North's 2026 outlook. Sentiment is subdued, though improving local conditions could shift perceptions over time.

Frequently Asked Questions

Is Elingamite North a good suburb for investment?

Elingamite North is a regional area in Victoria with a population of 118. The median rent is $150/week and the median household income is $100,724/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 Elingamite North?

Key demand drivers in Elingamite North include regional employment hubs, lifestyle, and affordability. 91% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Elingamite North?

According to the ABS 2021 Census, Elingamite North has a population of approximately 118. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Elingamite North from the Melbourne CBD?

Elingamite North is approximately 183 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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