ABS 2021 Census · Updated 31 March 2026
Iona is a regional centre in Victoria, Australia, with a population of approximately 240, making it a boutique locality. Located approximately 74 km from the Melbourne CBD, Iona is a regional area in Victoria. The median household income is $100,048 AUD per year (ABS 2021 Census).
Iona benefits from a high-income resident base, supporting premium property pricing. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.
Map shows Iona, Victoria, Australia.
Official Australia Post postcode for Iona. 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 Iona 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 →As a regional centre, Iona 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 $250/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $2,140/month. A median household income of $100,048/year supports premium property values and indicates a well-employed resident base. 84% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.
Holding property in Iona over the medium term may deliver steady, if unspectacular, returns.
Achieving strong cash flow in Iona is challenging at current rent-to-price ratios.
Limited buyer depth in Iona makes flip strategies higher-risk — consider rental conversion instead.
Run the numbers on a Iona property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Iona faces a cautious growth outlook for 2026 — investors should focus on yield rather than short-term gains. Landlords in Iona may face longer tenant search times; competitive pricing will be important. Investor sentiment toward Iona is currently lukewarm — value hunters may find opportunity here.
Iona is a regional area in Victoria with a population of 240. The median rent is $250/week and the median household income is $100,048/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 Iona include regional employment hubs, lifestyle, and affordability. 84% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.
According to the ABS 2021 Census, Iona has a population of approximately 240. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.
Iona is approximately 74 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). Road travel times will vary; check current mapping services for up-to-date routes.