Suburb Overview
Grand Ridge is a regional centre in Victoria, Australia, with a population of approximately 10, making it a boutique locality. Located approximately 145 km from the Melbourne CBD, Grand Ridge is a regional area in Victoria. The median household income is $172,848 per year.
Location
Key Indicators
Postcode
3870
Postcode for Grand Ridge, from a community postcode dataset cross-checked against Australia Post. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →
Population
10
Usual resident population at the most recent census.
Median weekly rent
N/A
A current median rent has not been published for this suburb.
Median household income
$172,848
Annual median household income (before tax) across all households.
Distance to CBD
145 km
Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.
Housing
Median monthly mortgage
N/A
Monthly median mortgage repayment for households currently paying off a mortgage.
Home type
N/A
Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.
Investment Insight
Grand Ridge is a smaller community of 10 — about 0% of the Victoria suburb median (7,416) — so investors should factor in the narrower buyer pool and longer average time-on-market. Median household income of $172,848/year runs 82% above the Victoria suburb median of $95,160, indicating strong purchasing power and the type of demographic profile that tends to sustain premium property prices through market cycles. Grand Ridge is 145 km from Melbourne, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand.
Grand Ridge vs Victoria Median
How Grand Ridge stacks up against the median of all Victoria suburbs in our dataset. Positive values mean Grand Ridge sits above the state median; negative means below.
| Metric | Grand Ridge | VIC median | Δ vs state |
|---|---|---|---|
| Population | 10 | 7,416 | -100% |
| Median household income | $172,848/yr | $95,160/yr | +82% |
| Distance to CBD | 145 km | 32 km | +353% |
Investor Checklist
Pre-inspection briefing for Grand Ridge — every item is derived from public datasets, with full citations in our data sources page.
- Market depth: 10 residents — 0% of the VIC suburb median (7,416).
- Purchasing power: median household income $172,848/year (+82% vs Victoria suburb median of $95,160).
- Gross rental income: verify via realestate.com.au — median rent data was not captured for this suburb.
- CBD access: 145 km straight-line from Melbourne (state suburb median 32 km).
- Home mix: the housing-type split was not captured — verify on the ground.
- Rate stress-test: model your cash flow with rates 1–2 percentage points above current to ensure the investment survives a tightening cycle.
- Tenant rent burden: rent-to-income data not available — verify against state rental tribunal dashboards.
Investment Strategy
Limited buy-and-hold upside: a small population of 10 means liquidity is thin and capital growth tends to lag the wider Victoria market over full cycles.
Median rental data was not captured for Grand Ridge. Use current realestate.com.au and Domain listings to triangulate a realistic weekly rent before committing, then feed that number into our rental yield calculator.
With a population of 10, the resale market in Grand Ridge may not reliably reward cosmetic renovations — a longer hold is typically a better strategy at this scale, letting land-value appreciation do the work instead.
Risk Factors
- Interest-rate movements are the dominant macro risk for Grand Ridge — model cash flow with a 1–2 percentage-point buffer above current rates to ensure the investment survives a tightening cycle.
- Premium-pricing risk: incomes 82% above the Victoria median ($172,848 vs $95,160) correlate with elevated purchase prices and compressed gross yields — enter only with a clear capital-growth thesis and a comfortable deposit.
- Liquidity risk: with 10 residents, Grand Ridge has a thinner pool of buyers and tenants than larger suburbs. Expect longer days-on-market on resale and budget for potential vacancy gaps between tenancies.
- Commute distance: at 145 km from the nearest CBD, Grand Ridge depends on local employment rather than city-driven commuter demand, which amplifies the market's sensitivity to regional industry slowdowns.
- Regulatory risk: changes to Australian tax settings (negative gearing, CGT discount, foreign-buyer surcharges, land-tax thresholds) could reshape after-tax returns in Grand Ridge regardless of local market conditions.
Run the numbers on a Grand Ridge property
Walk the journey to a place like Grand Ridge
Seven guided stops — government schemes compared for your exact numbers, a real budget, suburb shortlisting and every contract deadline tracked. Free, no signup to start.
Start your first-home journey →2026 Outlook
Capital-growth expectations for Grand Ridge are modest for 2026 — incomes 82% above the VIC median of $95,160 and a population of 10 suggest gains will lag headline metro markets. Rental fundamentals will need to be verified against live listings, as a clean median rent was not recorded for Grand Ridge. Overall investor sentiment for Grand Ridge is balanced heading into the second half of 2026, based on its income, rent and mortgage profile relative to the Victoria median.
Share your experience of Grand Ridge
Lived in Grand Ridge? Help other investors with an honest 100-word review. Sign-in required; all reviews are manually moderated before they appear.
Frequently Asked Questions
Is Grand Ridge a good suburb for investment?
Whether Grand Ridge suits you depends on your strategy, but the fundamentals are concrete: a population of 10, a median household income of $172,848/year. Weigh those against your goal — cash flow, capital growth, or a value-add renovation — each of which we break down with suburb-specific ABS numbers elsewhere on this page.
What drives property demand in Grand Ridge?
The main demand drivers in Grand Ridge are an above-state-median household income of $172,848/year. Together these shape both owner-occupier and tenant demand.
What is the population of Grand Ridge?
Grand Ridge has a usual resident population of approximately 10, 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 Grand Ridge from the Melbourne CBD?
Grand Ridge sits 145 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 Grand Ridge?
A reliable median rent was not captured for Grand Ridge. Benchmark expected weekly rent on realestate.com.au and Domain, or the state rental tribunal's rent dashboard. Most Australian investors target a 4–5% gross yield as a baseline.
What is the typical mortgage repayment in Grand Ridge?
A reliable median mortgage figure was not captured for Grand Ridge. Use our loan serviceability calculator to estimate a realistic monthly repayment for your target purchase price and deposit.
Is Grand Ridge cash-flow positive for investors?
Census data was not complete enough in Grand Ridge 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 Grand Ridge?
The main risks are a thin buyer pool (10 residents), interest-rate sensitivity, 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 Grand Ridge profile
The population, postcode, median household income, and dwelling mix on this page are real figures from the ABS 2021 Census (income is the ABS median weekly household income annualised) and Australia Post. Distance to the CBD is calculated from the suburb's ABS centroid. The Census median rent and mortgage repayment are 2021 figures and are clearly labelled as such wherever they appear — they are five years old and have moved substantially since. We do not publish an investment score or school/park counts for this suburb. See our methodology and data sources for exactly what's measured and what's estimated.