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Suburb Insights ยท VIC 3047

Jacana 3047, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Jacana is a well-established middle-ring suburb of Melbourne, Australia, with a population of approximately 2,187, making it a boutique locality. Located approximately 15 km from the Melbourne CBD, Jacana is a middle ring area in Victoria. The median household income is $72,124 AUD per year (ABS 2021 Census).

Investment Score

52 / 100 Moderate

Jacana has a solid income profile that supports reliable occupancy rates. The short commute to the city centre is a key demand driver.

Location

Map shows Jacana, Victoria, Australia.

Key Indicators

Postcode
3047

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

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Population
2,187

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

ABS Census Data โ†’
Median Rent (weekly)
$335/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$72,124/yr

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

ABS Census Data โ†’
Distance to CBD
15 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.

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Parks & green spaces
1

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

Median Mortgage (monthly)
$1,517/mo

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

ABS Census Data โ†’
Dwelling Type
74% 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

Jacana's middle-ring location balances affordability with accessibility. These suburbs often benefit from established infrastructure, good schools, and transport links โ€” making them attractive to families and long-term tenants. The median rent of $335/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,517/month.

Investment Strategy

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Buy & Hold

Jacana offers moderate buy-and-hold potential โ€” look for properties with value-add opportunities.

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Rental Yield

Jacana can deliver reasonable rental income, though yields are not the primary draw.

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Renovation / Flip

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

Risk Factors

Run the numbers on a Jacana property

Full Property Analysis

30-year projections for Jacana

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

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2026 Outlook

Growth: Moderate Rental Demand: Moderate Investor Sentiment: Moderate

Property values in Jacana should hold firm in 2026, with gradual appreciation tied to infrastructure and population trends. Tenants in Jacana have options โ€” presenting well-maintained properties is key to minimising vacancy. Jacana offers measured appeal for investors willing to look beyond headline metrics.

Frequently Asked Questions

Is Jacana a good suburb for investment?

Jacana is a middle ring area in Victoria with a population of 2,187. The median rent is $335/week and the median household income is $72,124/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 Jacana?

Key demand drivers in Jacana include established amenities and transport access. 74% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Jacana?

According to the ABS 2021 Census, Jacana has a population of approximately 2,187. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Jacana from the Melbourne CBD?

Jacana is approximately 15 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). This is within comfortable commuting range with good transport links.

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