Free full calculator โ†’
Suburb Insights ยท VIC 3821

Ellinbank 3821, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Ellinbank is a regional centre in Victoria, Australia, with a population of approximately 229, making it a boutique locality. Located approximately 98 km from the Melbourne CBD, Ellinbank is a regional area in Victoria. The median household income is $86,632 AUD per year (ABS 2021 Census).

Investment Score

38 / 100 Weak

Ellinbank has a solid income profile that supports reliable occupancy rates. As a regional location, growth prospects depend on local economic conditions and infrastructure investment.

Location

Map shows Ellinbank, Victoria, Australia.

Key Indicators

Postcode
3821

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

Australia Post Postcode Finder โ†’
Population
229

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

ABS Census Data โ†’
Median Rent (weekly)
$225/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
$86,632/yr

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

ABS Census Data โ†’
Distance to CBD
98 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 Ellinbank on My School โ†’
Parks & green spaces
1

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

Median Mortgage (monthly)
$1,975/mo

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

ABS Census Data โ†’
Dwelling Type
93% 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, Ellinbank 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 $225/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,975/month. The median household income of $86,632/year reflects a solid demographic, supporting sustainable rental demand. 93% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

โš ๏ธ
Buy & Hold

Ellinbank offers moderate buy-and-hold potential โ€” look for properties with value-add opportunities.

โŒ
Rental Yield

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

โŒ
Renovation / Flip

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

Risk Factors

Run the numbers on a Ellinbank property

Full Property Analysis

30-year projections for Ellinbank

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 Ellinbank 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 Ellinbank's 2026 outlook. Ellinbank is not a headline market, but contrarian investors may see long-term potential.

Frequently Asked Questions

Is Ellinbank a good suburb for investment?

Ellinbank is a regional area in Victoria with a population of 229. The median rent is $225/week and the median household income is $86,632/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 Ellinbank?

Key demand drivers in Ellinbank include regional employment hubs, lifestyle, and affordability. 93% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Ellinbank?

According to the ABS 2021 Census, Ellinbank has a population of approximately 229. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Ellinbank from the Melbourne CBD?

Ellinbank is approximately 98 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). Road travel times will vary; check current mapping services for up-to-date routes.

Explore Nearby Suburbs

Victoria Property Resources