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Suburb Insights ยท VIC 3559

Gobarup 3559, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Gobarup is a regional centre in Victoria, Australia, with a population of approximately 45, making it a boutique locality. Located approximately 127 km from the Melbourne CBD, Gobarup is a regional area in Victoria. The median household income is $71,500 AUD per year (ABS 2021 Census).

Investment Score

37 / 100 Weak

Household earnings in Gobarup are below the state average, which may affect long-term capital growth. As a regional location, growth prospects depend on local economic conditions and infrastructure investment.

Location

Map shows Gobarup, Victoria, Australia.

Key Indicators

Postcode
3559

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

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Population
45

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

ABS Census Data โ†’
Median Rent (weekly)
$400/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
$71,500/yr

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

ABS Census Data โ†’
Distance to CBD
127 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)
$975/mo

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

ABS Census Data โ†’
Dwelling Type
67% 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, Gobarup 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 $400/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $975/month.

Investment Strategy

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Buy & Hold

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

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Rental Yield

Expect competitive but not exceptional rental returns in Gobarup's current market.

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Renovation / Flip

The resale market in Gobarup may not support quick-turnaround renovation projects.

Risk Factors

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Full Property Analysis

30-year projections for Gobarup

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

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

Frequently Asked Questions

Is Gobarup a good suburb for investment?

Gobarup is a regional area in Victoria with a population of 45. The median rent is $400/week and the median household income is $71,500/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 Gobarup?

Key demand drivers in Gobarup include regional employment hubs, lifestyle, and affordability. 67% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Gobarup?

According to the ABS 2021 Census, Gobarup has a population of approximately 45. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Gobarup from the Melbourne CBD?

Gobarup is approximately 127 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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