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Suburb Insights ยท VIC 3840

Jeeralang Junction 3840, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Jeeralang Junction is a regional centre in Victoria, Australia, with a population of approximately 584, making it a boutique locality. Located approximately 140 km from the Melbourne CBD, Jeeralang Junction is a regional area in Victoria. The median household income is $97,500 AUD per year (ABS 2021 Census).

Investment Score

45 / 100 Moderate

Above-average earnings in Jeeralang Junction support sustained property values. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.

Location

Map shows Jeeralang Junction, Victoria, Australia.

Key Indicators

Postcode
3840

Official Australia Post postcode for Jeeralang Junction. A postcode may cover multiple suburbs.

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Population
584

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

ABS Census Data โ†’
Median Rent (weekly)
$250/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
$97,500/yr

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

ABS Census Data โ†’
Distance to CBD
140 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)
$1,322/mo

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

ABS Census Data โ†’
Dwelling Type
93% 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, Jeeralang Junction 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 $1,322/month. The median household income of $97,500/year reflects a solid demographic, supporting sustainable rental demand. 93% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

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

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Rental Yield

Rental yields in Jeeralang Junction tend to be lower โ€” investors may need to rely on capital growth instead.

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Renovation / Flip

Renovation or flip strategies in Jeeralang Junction face headwinds from a smaller buyer pool and slower turnover.

Risk Factors

Run the numbers on a Jeeralang Junction property

Full Property Analysis

30-year projections for Jeeralang Junction

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital growth in Jeeralang Junction may remain subdued in 2026, with limited demand drivers in the near term. Landlords in Jeeralang Junction may face longer tenant search times; competitive pricing will be important. Sentiment is subdued, though improving local conditions could shift perceptions over time.

Frequently Asked Questions

Is Jeeralang Junction a good suburb for investment?

Jeeralang Junction is a regional area in Victoria with a population of 584. The median rent is $250/week and the median household income is $97,500/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 Jeeralang Junction?

Key demand drivers in Jeeralang Junction include regional employment hubs, lifestyle, and affordability. 93% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Jeeralang Junction?

According to the ABS 2021 Census, Jeeralang Junction has a population of approximately 584. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Jeeralang Junction from the Melbourne CBD?

Jeeralang Junction is approximately 140 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.

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