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Suburb Insights ยท VIC 3634

Marungi 3634, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Marungi is a regional centre in Victoria, Australia, with a population of approximately 98, making it a boutique locality. Located approximately 187 km from the Melbourne CBD, Marungi is a regional area in Victoria. The median household income is $57,200 AUD per year (ABS 2021 Census).

Investment Score

29 / 100 Weak

Household earnings in Marungi 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.

Location

Map shows Marungi, Victoria, Australia.

Key Indicators

Postcode
3634

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

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Population
98

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

ABS Census Data โ†’
Median Rent (weekly)
$200/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
$57,200/yr

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

ABS Census Data โ†’
Distance to CBD
187 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)
$1,300/mo

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

ABS Census Data โ†’
Dwelling Type
71% 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, Marungi 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 $200/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,300/month.

Investment Strategy

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Buy & Hold

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

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Rental Yield

Marungi's rental market is softer โ€” budget for potential vacancy periods.

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Renovation / Flip

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

Risk Factors

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Full Property Analysis

30-year projections for Marungi

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Price movement in Marungi is expected to be flat to modest in 2026, reflecting broader regional market conditions. Rental demand may be softer โ€” budgeting for vacancy periods is prudent in Marungi's 2026 outlook. Marungi is not a headline market, but contrarian investors may see long-term potential.

Frequently Asked Questions

Is Marungi a good suburb for investment?

Marungi is a regional area in Victoria with a population of 98. The median rent is $200/week and the median household income is $57,200/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 Marungi?

Key demand drivers in Marungi include regional employment hubs, lifestyle, and affordability. 71% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Marungi?

According to the ABS 2021 Census, Marungi has a population of approximately 98. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Marungi from the Melbourne CBD?

Marungi is approximately 187 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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