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Suburb Insights · VIC 3673

Lurg, VIC 3673 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Lurg is a regional centre in Victoria, Australia, with a population of approximately 220, making it a boutique locality. Located approximately 171 km from the Melbourne CBD, Lurg is a regional area in Victoria. The median household income is $82,836 per year.

Investment Score

33 / 100 Weak

Moderate income levels in Lurg indicate steady rental demand from working households. As a regional location, growth prospects depend on local economic conditions and infrastructure investment.

Location

Melbourne
Lurg
Victoria · 3673
171 km from Melbourne CBD
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Key Indicators

Postcode
3673

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

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Population
220

Usual resident population at the most recent census.

Median weekly rent
$157/wk

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$82,836/yr

Annual median household income (before tax) across all households.

Distance to CBD
171 km

Straight-line distance from the suburb centroid 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.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb.

Median monthly mortgage
$1,517/mo

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
93% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Investment Insight

Lurg is a smaller community of 220 — about 3% of the Victoria suburb median (7,416) — so investors should factor in the narrower buyer pool and longer average time-on-market. Household income of $82,836/year is 13% below the Victoria median of $95,160, typically translating into lower entry prices and a tenant base more sensitive to rent increases. Weekly rent of $157 covers just 45% of the median $1,517/month mortgage repayment, leaving a $837/month gap — investors should only pursue this suburb with a clear capital-growth thesis and sufficient external income to fund the shortfall. Lurg is 171 km from Melbourne, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand. Separate houses make up 93% of dwellings — 15 percentage points above the Victoria median of 78% — pointing to a family-oriented, land-rich market where value is concentrated in the underlying block.

Lurg vs Victoria Median

How Lurg stacks up against the median of all Victoria suburbs in our dataset. Positive values mean Lurg sits above the state median; negative means below.

MetricLurgVIC medianΔ vs state
Population2207,416-97%
Median household income$82,836/yr$95,160/yr-13%
Median rent (weekly)$157$380-59%
Median mortgage (monthly)$1,517$1,950-22%
Distance to CBD171 km32 km+434%
Separate houses93%78%+15pp

Investor Checklist

Pre-inspection briefing for Lurg — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

Buy & Hold

Limited buy-and-hold upside: a small population of 220 means liquidity is thin and capital growth tends to lag the wider Victoria market over full cycles.

Rental Yield

Weak cash flow: $157/week rent covers only 45% of the $1,517/month median mortgage — a $837/month gap that must be funded from other income. This suburb is a capital-growth play, not a yield play.

⚠️
Renovation / Flip

With 93% houses in a 220-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.

Risk Factors

Run the numbers on a Lurg property

Full Property Analysis

30-year projections for Lurg

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital-growth expectations for Lurg are modest for 2026 — incomes 13% below the VIC median of $95,160 and a population of 220 suggest gains will lag headline metro markets. Rental coverage runs at ~45% of the typical mortgage ($680/month rent vs $1,517/month repayment), meaning investors will rely on capital growth rather than yield. The EquitySight investment score of 33/100 places Lurg 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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Frequently Asked Questions

Is Lurg a good suburb for investment?

Lurg scores 33/100 on our EquitySight investment framework — a weak rating. That score is driven by a population of 220, median household income of $82,836/year and median weekly rent of $157. 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.

What drives property demand in Lurg?

The main demand drivers in Lurg are a median household income of $82,836/year, a dwelling mix that is 93% 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.

What is the population of Lurg?

Lurg has a usual resident population of approximately 220, 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.

How far is Lurg from the Melbourne CBD?

Lurg sits 171 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.

What is the median rent in Lurg?

The most recent census recorded a median weekly rent of $157 in Lurg, equating to approximately $8,164/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.

What is the typical mortgage repayment in Lurg?

The median monthly mortgage repayment in Lurg is $1,517, or approximately $18,204/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.

Is Lurg cash-flow positive for investors?

A median weekly rent of $157 works out to $680/month, covering 45% of the median mortgage repayment of $1,517/month. That leaves a $837/month shortfall (around $10,044/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.

What are the main risks of investing in Lurg?

The main risks are a thin buyer pool (220 residents), interest-rate sensitivity on the $1,517 median mortgage, the broader Victoria market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.

How we built this Lurg profile

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.

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Victoria Property Resources