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Suburb Insights ยท VIC 3265

Garvoc 3265, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Garvoc is a regional centre in Victoria, Australia, with a population of approximately 248, making it a boutique locality. Located approximately 197 km from the Melbourne CBD, Garvoc is a regional area in Victoria. The median household income is $76,336 AUD per year (ABS 2021 Census).

Investment Score

35 / 100 Weak

Garvoc has a solid income profile that supports reliable occupancy rates. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.

Location

Map shows Garvoc, Victoria, Australia.

Key Indicators

Postcode
3265

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

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Population
248

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

ABS Census Data โ†’
Median Rent (weekly)
$200/wk

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

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Median Household Income
$76,336/yr

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

ABS Census Data โ†’
Distance to CBD
197 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)
$1,200/mo

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

ABS Census Data โ†’
Dwelling Type
85% 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, Garvoc 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 $200/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,200/month. The median household income of $76,336/year reflects a solid demographic, supporting sustainable rental demand. 85% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

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

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Rental Yield

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

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Renovation / Flip

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

Risk Factors

Run the numbers on a Garvoc property

Full Property Analysis

30-year projections for Garvoc

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Price movement in Garvoc is expected to be flat to modest in 2026, reflecting broader regional market conditions. Landlords in Garvoc may face longer tenant search times; competitive pricing will be important. Sentiment is subdued, though improving local conditions could shift perceptions over time.

Frequently Asked Questions

Is Garvoc a good suburb for investment?

Garvoc is a regional area in Victoria with a population of 248. The median rent is $200/week and the median household income is $76,336/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 Garvoc?

Key demand drivers in Garvoc include regional employment hubs, lifestyle, and affordability. 85% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Garvoc?

According to the ABS 2021 Census, Garvoc has a population of approximately 248. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Garvoc from the Melbourne CBD?

Garvoc is approximately 197 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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