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ABS 2021 Census · Updated 21 May 2026
Kerang East is a regional centre in Victoria, Australia, with a population of approximately 44, making it a boutique locality. Located approximately 241 km from the Melbourne CBD, Kerang East is a regional area in Victoria. The median household income is $54,184 per year.
Household earnings in Kerang East are below the state average, which may affect long-term capital growth. As a regional location, growth prospects depend on local economic conditions and infrastructure investment.
Official Australia Post postcode for Kerang East. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at the most recent census.
Weekly median rent for occupied homes. Live rental data integration coming soon.
Annual median household income (before tax) across all households.
Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 1 school within or near this suburb.
Find schools near Kerang East on My School →Estimated 1 park and green spaces near this suburb.
Monthly median mortgage repayment for households currently paying off a mortgage.
Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.
Kerang East is a smaller community of 44 — about 1% of the Victoria suburb median (7,416) — so investors should factor in the narrower buyer pool and longer average time-on-market. Kerang East's median household income of $54,184/year is 43% below the Victoria suburb median ($95,160) — this is an affordability play where returns lean on yield and patient capital growth rather than demographic premium. Weekly rent of $180 covers just 46% of the median $1,700/month mortgage repayment, leaving a $920/month gap — investors should only pursue this suburb with a clear capital-growth thesis and sufficient external income to fund the shortfall. Kerang East is 241 km from Melbourne, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand. Only 55% of dwellings are separate houses (vs 78% state median), so this is a unit-heavy market where body-corporate decisions and strata supply meaningfully shape investor returns.
How Kerang East stacks up against the median of all Victoria suburbs in our dataset. Positive values mean Kerang East sits above the state median; negative means below.
| Metric | Kerang East | VIC median | Δ vs state |
|---|---|---|---|
| Population | 44 | 7,416 | -99% |
| Median household income | $54,184/yr | $95,160/yr | -43% |
| Median rent (weekly) | $180 | $380 | -53% |
| Median mortgage (monthly) | $1,700 | $1,950 | -13% |
| Distance to CBD | 241 km | 32 km | +653% |
| Separate houses | 55% | 78% | -23pp |
Pre-inspection briefing for Kerang East — every item is derived from public datasets, with full citations in our data sources page.
Limited buy-and-hold upside: a small population of 44 means liquidity is thin and capital growth tends to lag the wider Victoria market over full cycles.
Weak cash flow: $180/week rent covers only 46% of the $1,700/month median mortgage — a $920/month gap that must be funded from other income. This suburb is a capital-growth play, not a yield play.
Only 55% of dwellings are separate houses (vs 78% VIC median) — this is a unit and townhouse market, where cosmetic flips struggle against body-corporate restrictions, thinner after-reno uplift and competing new supply.
Run the numbers on a Kerang East property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Capital-growth expectations for Kerang East are modest for 2026 — incomes 43% below the VIC median of $95,160 and a population of 44 suggest gains will lag headline metro markets. Rental coverage runs at ~46% of the typical mortgage ($780/month rent vs $1,700/month repayment), meaning investors will rely on capital growth rather than yield. The EquitySight investment score of 23/100 places Kerang East in the lower tier of Australian suburbs we profile, and overall investor sentiment is cautious heading into the second half of 2026.
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Kerang East scores 23/100 on our EquitySight investment framework — a weak rating. That score is driven by a population of 44, median household income of $54,184/year and median weekly rent of $180. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.
The main demand drivers in Kerang East are a median household income of $54,184/year, a dwelling mix that is 55% separate houses, roughly 1 schools and 1 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.
Kerang East has a usual resident population of approximately 44, compared with a Victoria suburb median of 7,416 — placing it in the lower half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.
Kerang East sits 241 km straight-line from the Melbourne CBD. This is a regional market where CBD distance is only indicative — local industry diversity and commute alternatives matter more.
The most recent census recorded a median weekly rent of $180 in Kerang East, equating to approximately $9,360/year in gross rental income (state median $380/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.
The median monthly mortgage repayment in Kerang East is $1,700, or approximately $20,400/year (vs $1,950/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.
A median weekly rent of $180 works out to $780/month, covering 46% of the median mortgage repayment of $1,700/month. That leaves a $920/month shortfall (around $11,040/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.
The main risks are a thin buyer pool (44 residents), interest-rate sensitivity on the $1,700 median mortgage, below-median household incomes ($54,184 vs $95,160 state median), the broader Victoria market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.
Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.