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Suburb Insights · VIC 3477

Gooroc, VIC 3477 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Gooroc is a regional centre in Victoria, Australia, with a population of approximately 19, making it a boutique locality. Located approximately 216 km from the Melbourne CBD, Gooroc is a regional area in Victoria. The median household income is $46,800 per year.

Investment Score

24 / 100 Weak

Household earnings in Gooroc are below the state average, which may affect long-term capital growth. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.

Location

Melbourne
Gooroc
Victoria · 3477
216 km from Melbourne CBD
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Key Indicators

Postcode
3477

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

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Population
19

Usual resident population at the most recent census.

Median weekly rent
$105/wk

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$46,800/yr

Annual median household income (before tax) across all households.

Distance to CBD
216 km

Straight-line distance from the suburb centroid 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.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb.

Median monthly mortgage
N/A

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
100% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Investment Insight

Gooroc is a smaller community of 19 — about 0% of the Victoria suburb median (7,416) — so investors should factor in the narrower buyer pool and longer average time-on-market. Gooroc's median household income of $46,800/year is 51% below the Victoria suburb median ($95,160) — this is an affordability play where returns lean on yield and patient capital growth rather than demographic premium. The median weekly rent of $105 translates to approximately $5,460/year in gross rental income, setting the upper bound on yield before vacancy, rates, insurance and maintenance. Gooroc is 216 km from Melbourne, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand. Separate houses make up 100% of dwellings — 22 percentage points above the Victoria median of 78% — pointing to a family-oriented, land-rich market where value is concentrated in the underlying block.

Gooroc vs Victoria Median

How Gooroc stacks up against the median of all Victoria suburbs in our dataset. Positive values mean Gooroc sits above the state median; negative means below.

MetricGoorocVIC medianΔ vs state
Population197,416-100%
Median household income$46,800/yr$95,160/yr-51%
Median rent (weekly)$105$380-72%
Distance to CBD216 km32 km+575%
Separate houses100%78%+22pp

Investor Checklist

Pre-inspection briefing for Gooroc — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

Buy & Hold

Limited buy-and-hold upside: a small population of 19 means liquidity is thin and capital growth tends to lag the wider Victoria market over full cycles.

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Rental Yield

Gross rent of $105/week (~$5,460/year) sets the yield ceiling. Cross-check against your purchase price to confirm whether this suburb hits the 4–5% gross yield most Australian investors target.

⚠️
Renovation / Flip

With 100% houses in a 19-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.

Risk Factors

Run the numbers on a Gooroc property

Full Property Analysis

30-year projections for Gooroc

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital-growth expectations for Gooroc are modest for 2026 — incomes 51% below the VIC median of $95,160 and a population of 19 suggest gains will lag headline metro markets. Rents sit around $105/week, setting the baseline gross rental income at roughly $5,460/year — refine this against current listings before running your numbers. The EquitySight investment score of 24/100 places Gooroc in the lower tier of Australian suburbs we profile, and overall investor sentiment is cautious heading into the second half of 2026.

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Frequently Asked Questions

Is Gooroc a good suburb for investment?

Gooroc scores 24/100 on our EquitySight investment framework — a weak rating. That score is driven by a population of 19, median household income of $46,800/year and median weekly rent of $105. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.

What drives property demand in Gooroc?

The main demand drivers in Gooroc are a median household income of $46,800/year, a dwelling mix that is 100% separate houses, roughly 1 schools and 1 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.

What is the population of Gooroc?

Gooroc has a usual resident population of approximately 19, compared with a Victoria suburb median of 7,416 — placing it in the lower half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.

How far is Gooroc from the Melbourne CBD?

Gooroc sits 216 km straight-line from the Melbourne CBD. This is a regional market where CBD distance is only indicative — local industry diversity and commute alternatives matter more.

What is the median rent in Gooroc?

The most recent census recorded a median weekly rent of $105 in Gooroc, equating to approximately $5,460/year in gross rental income (state median $380/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.

What is the typical mortgage repayment in Gooroc?

A reliable median mortgage figure was not captured for Gooroc. Use our loan serviceability calculator to estimate a realistic monthly repayment for your target purchase price and deposit.

Is Gooroc cash-flow positive for investors?

Census data was not complete enough in Gooroc to compute a clean rent-to-mortgage coverage. Use current listings to benchmark weekly rent, then plug your expected purchase price into our rental yield calculator to see whether the investment runs cash-flow positive or negative.

What are the main risks of investing in Gooroc?

The main risks are a thin buyer pool (19 residents), interest-rate sensitivity, below-median household incomes ($46,800 vs $95,160 state median), the broader Victoria market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.

How we built this Gooroc profile

Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.

Nearby Suburbs

Victoria Property Resources