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Suburb Insights ยท VIC 3666

Gooram 3666, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Gooram is a regional centre in Victoria, Australia, with a population of approximately 141, making it a boutique locality. Located approximately 116 km from the Melbourne CBD, Gooram is a regional area in Victoria. The median household income is $62,816 AUD per year (ABS 2021 Census).

Investment Score

29 / 100 Weak

Lower income levels in Gooram typically translate to more affordable entry points for investors. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.

Location

Map shows Gooram, Victoria, Australia.

Key Indicators

Postcode
3666

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

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Population
141

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

ABS Census Data โ†’
Median Rent (weekly)
$165/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
$62,816/yr

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

ABS Census Data โ†’
Distance to CBD
116 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)
$1,000/mo

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

ABS Census Data โ†’
Dwelling Type
70% 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, Gooram 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 $165/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,000/month.

Investment Strategy

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Buy & Hold

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

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Rental Yield

Rental yields in Gooram tend to be lower โ€” investors may need to rely on capital growth instead.

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Renovation / Flip

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

Risk Factors

Run the numbers on a Gooram property

Full Property Analysis

30-year projections for Gooram

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

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital growth in Gooram may remain subdued in 2026, with limited demand drivers in the near term. Landlords in Gooram 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 Gooram a good suburb for investment?

Gooram is a regional area in Victoria with a population of 141. The median rent is $165/week and the median household income is $62,816/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 Gooram?

Key demand drivers in Gooram include regional employment hubs, lifestyle, and affordability. 70% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Gooram?

According to the ABS 2021 Census, Gooram has a population of approximately 141. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Gooram from the Melbourne CBD?

Gooram is approximately 116 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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