Free full calculator โ†’
Suburb Insights ยท VIC 3462

Green Gully 3462, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Green Gully is a regional centre in Victoria, Australia, with a population of approximately 71, making it a boutique locality. Located approximately 109 km from the Melbourne CBD, Green Gully is a regional area in Victoria. The median household income is $56,316 AUD per year (ABS 2021 Census).

Investment Score

27 / 100 Weak

Household earnings in Green Gully are below the state average, which may affect long-term capital growth. Distance from major centres is a consideration, though regional markets can offer higher rental yields.

Location

Map shows Green Gully, Victoria, Australia.

Key Indicators

Postcode
3462

Official Australia Post postcode for Green Gully. A postcode may cover multiple suburbs.

Australia Post Postcode Finder โ†’
Population
71

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

ABS Census Data โ†’
Median Rent (weekly)
$163/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
$56,316/yr

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

ABS Census Data โ†’
Distance to CBD
109 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.

Find schools near Green Gully on My School โ†’
Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,062/mo

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

ABS Census Data โ†’
Dwelling Type
75% 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, Green Gully 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 $163/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,062/month. 75% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

โŒ
Buy & Hold

Long-term holding in Green Gully requires careful assessment of local economic resilience.

โŒ
Rental Yield

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

โŒ
Renovation / Flip

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

Risk Factors

Run the numbers on a Green Gully property

Full Property Analysis

30-year projections for Green Gully

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

Create free account โ†’
Or jump straight to a calculator: Loan Serviceability First Home Buyer Grants

2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Price movement in Green Gully is expected to be flat to modest in 2026, reflecting broader regional market conditions. The rental pipeline in Green Gully is thinner โ€” flexible lease terms could help secure tenants faster. Green Gully is not a headline market, but contrarian investors may see long-term potential.

Frequently Asked Questions

Is Green Gully a good suburb for investment?

Green Gully is a regional area in Victoria with a population of 71. The median rent is $163/week and the median household income is $56,316/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 Green Gully?

Key demand drivers in Green Gully include regional employment hubs, lifestyle, and affordability. 75% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Green Gully?

According to the ABS 2021 Census, Green Gully has a population of approximately 71. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Green Gully from the Melbourne CBD?

Green Gully is approximately 109 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.

Explore Nearby Suburbs

Victoria Property Resources