ABS 2021 Census · Updated 31 March 2026
Grey River is a coastal suburb in Victoria, Australia, with a population of approximately 4, making it a boutique locality. Located approximately 139 km from the Melbourne CBD, Grey River is a coastal area in Victoria. The median household income is $155,948 AUD per year (ABS 2021 Census).
Strong household incomes in Grey River underpin solid property demand. Seaside positioning attracts both owner-occupiers and holiday rental demand.
Map shows Grey River, Victoria, Australia.
Official Australia Post postcode for Grey River. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.
ABS Census Data →Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.
State Rental Authority →Annual median household income (before tax) for all households. Source: ABS 2021 Census.
ABS Census Data →Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 1 school within or near this suburb based on ABS 2021 data.
Find schools near Grey River on My School →Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.
Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.
ABS Census Data →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 →Coastal lifestyle is a strong draw for Grey River, supporting both long-term rental demand and holiday letting potential. Seaside suburbs in Victoria consistently attract interstate migration and lifestyle buyers. A median household income of $155,948/year supports premium property values and indicates a well-employed resident base. With only 23% separate houses, Grey River has a significant apartment and unit market — typical of inner-city investment corridors.
A buy-and-hold approach in Grey River could work well with careful property selection and a longer time horizon.
Grey River's rental market is softer — budget for potential vacancy periods.
The resale market in Grey River may not support quick-turnaround renovation projects.
Run the numbers on a Grey River property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Growth in Grey River through 2026 will likely be steady rather than spectacular, tracking the wider market. The rental market in Grey River should see steady occupancy, with moderate upward pressure on rents. The market mood around Grey River is balanced — neither bullish nor bearish heading into 2026.
Grey River is a coastal area in Victoria with a population of 4. the median household income is $155,948/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.
Key demand drivers in Grey River include lifestyle appeal and proximity to the coast. 23% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.
According to the ABS 2021 Census, Grey River has a population of approximately 4. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.
Grey River is approximately 139 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 — local amenities and employment are important investment considerations.