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Suburb Insights ยท VIC 3387

Marnoo 3387, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Marnoo is a regional centre in Victoria, Australia, with a population of approximately 99, making it a boutique locality. Located approximately 222 km from the Melbourne CBD, Marnoo is a regional area in Victoria. The median household income is $46,800 AUD per year (ABS 2021 Census).

Investment Score

24 / 100 Weak

Lower income levels in Marnoo typically translate to more affordable entry points for investors. As a regional location, growth prospects depend on local economic conditions and infrastructure investment.

Location

Map shows Marnoo, Victoria, Australia.

Key Indicators

Postcode
3387

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

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Population
99

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

ABS Census Data โ†’
Median Rent (weekly)
$130/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
$46,800/yr

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

ABS Census Data โ†’
Distance to CBD
222 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)
$322/mo

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

ABS Census Data โ†’
Dwelling Type
98% 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, Marnoo 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 $130/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $322/month. 98% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

Buy-and-hold in Marnoo carries higher risk due to limited demand drivers and slower growth fundamentals.

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Rental Yield

Rental yields in Marnoo 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 Marnoo face headwinds from a smaller buyer pool and slower turnover.

Risk Factors

Run the numbers on a Marnoo property

Full Property Analysis

30-year projections for Marnoo

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital growth in Marnoo may remain subdued in 2026, with limited demand drivers in the near term. Rental demand may be softer โ€” budgeting for vacancy periods is prudent in Marnoo's 2026 outlook. Marnoo is not a headline market, but contrarian investors may see long-term potential.

Frequently Asked Questions

Is Marnoo a good suburb for investment?

Marnoo is a regional area in Victoria with a population of 99. The median rent is $130/week and the median household income is $46,800/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 Marnoo?

Key demand drivers in Marnoo include regional employment hubs, lifestyle, and affordability. 98% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Marnoo?

According to the ABS 2021 Census, Marnoo has a population of approximately 99. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Marnoo from the Melbourne CBD?

Marnoo is approximately 222 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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