ABS 2021 Census · Updated 31 March 2026
Lima South is a regional centre in Victoria, Australia, with a population of approximately 142, making it a boutique locality. Located approximately 143 km from the Melbourne CBD, Lima South is a regional area in Victoria. The median household income is $83,408 AUD per year (ABS 2021 Census).
Lima South has a solid income profile that supports reliable occupancy rates. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.
Map shows Lima South, Victoria, Australia.
Official Australia Post postcode for Lima South. 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 Lima South 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, Lima South 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 $300/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,882/month. The median household income of $83,408/year reflects a solid demographic, supporting sustainable rental demand.
Lima South offers moderate buy-and-hold potential — look for properties with value-add opportunities.
Expect competitive but not exceptional rental returns in Lima South's current market.
Limited buyer depth in Lima South makes flip strategies higher-risk — consider rental conversion instead.
Run the numbers on a Lima South property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Price movement in Lima South is expected to be flat to modest in 2026, reflecting broader regional market conditions. Landlords in Lima South may face longer tenant search times; competitive pricing will be important. Investor sentiment toward Lima South is currently lukewarm — value hunters may find opportunity here.
Lima South is a regional area in Victoria with a population of 142. The median rent is $300/week and the median household income is $83,408/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 Lima South include regional employment hubs, lifestyle, and affordability. 74% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.
According to the ABS 2021 Census, Lima South has a population of approximately 142. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.
Lima South is approximately 143 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.