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Suburb Insights ยท VIC 3048

Meadow Heights 3048, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Meadow Heights is a well-established middle-ring suburb of Melbourne, Australia, with a population of approximately 14,890, making it a smaller community. Located approximately 18 km from the Melbourne CBD, Meadow Heights is a middle ring area in Victoria. The median household income is $66,248 AUD per year (ABS 2021 Census).

Investment Score

53 / 100 Moderate

Household earnings in Meadow Heights are below the state average, which may affect long-term capital growth.

Location

Map shows Meadow Heights, Victoria, Australia.

Key Indicators

Postcode
3048

Official Australia Post postcode for Meadow Heights. A postcode may cover multiple suburbs.

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Population
14,890

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

ABS Census Data โ†’
Median Rent (weekly)
$346/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
$66,248/yr

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

ABS Census Data โ†’
Distance to CBD
18 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
4

Estimated 4 schools within or near this suburb based on ABS 2021 data.

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Parks & green spaces
6

Estimated 6 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,460/mo

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

ABS Census Data โ†’
Dwelling Type
78% 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

Meadow Heights's middle-ring location balances affordability with accessibility. These suburbs often benefit from established infrastructure, good schools, and transport links โ€” making them attractive to families and long-term tenants. The median rent of $346/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,460/month. 78% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

Holding property in Meadow Heights over the medium term may deliver steady, if unspectacular, returns.

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Rental Yield

Expect competitive but not exceptional rental returns in Meadow Heights's current market.

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Renovation / Flip

Renovation projects in Meadow Heights can capture the gap between unrenovated and updated property prices.

Risk Factors

Run the numbers on a Meadow Heights property

Full Property Analysis

30-year projections for Meadow Heights

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: Moderate Investor Sentiment: Moderate

Price movement in Meadow Heights is expected to be flat to modest in 2026, reflecting broader regional market conditions. Tenants in Meadow Heights have options โ€” presenting well-maintained properties is key to minimising vacancy. Investor sentiment is cautiously optimistic โ€” selective opportunities exist for well-researched buyers.

Frequently Asked Questions

Is Meadow Heights a good suburb for investment?

Meadow Heights is a middle ring area in Victoria with a population of 14,890. The median rent is $346/week and the median household income is $66,248/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 Meadow Heights?

Key demand drivers in Meadow Heights include established amenities and transport access. 78% of dwellings are separate houses. The area has approximately 4 schools and 6 parks nearby.

What is the population of Meadow Heights?

According to the ABS 2021 Census, Meadow Heights has a population of approximately 14,890. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Meadow Heights from the Melbourne CBD?

Meadow Heights is approximately 18 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). This is within comfortable commuting range with good transport links.

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