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Suburb Insights ยท VIC 3352

Miners Rest 3352, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Miners Rest is a regional centre in Victoria, Australia, with a population of approximately 3,829, making it a boutique locality. Located approximately 109 km from the Melbourne CBD, Miners Rest is a regional area in Victoria. The median household income is $103,116 AUD per year (ABS 2021 Census).

Investment Score

54 / 100 Moderate

Strong household incomes in Miners Rest underpin solid property demand. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.

Location

Map shows Miners Rest, Victoria, Australia.

Key Indicators

Postcode
3352

Official Australia Post postcode for Miners Rest. A postcode may cover multiple suburbs.

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Population
3,829

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

ABS Census Data โ†’
Median Rent (weekly)
$360/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
$103,116/yr

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

ABS Census Data โ†’
Distance to CBD
109 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
2

Estimated 2 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,517/mo

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

ABS Census Data โ†’
Dwelling Type
95% 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, Miners Rest 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 $360/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,517/month. A median household income of $103,116/year supports premium property values and indicates a well-employed resident base. 95% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

A buy-and-hold approach in Miners Rest could work well with careful property selection and a longer time horizon.

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Rental Yield

Rental yields in Miners Rest are moderate โ€” screen for properties that offer above-average returns.

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Renovation / Flip

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

Risk Factors

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Full Property Analysis

30-year projections for Miners Rest

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Moderate

Capital growth in Miners Rest may remain subdued in 2026, with limited demand drivers in the near term. Landlords in Miners Rest may face longer tenant search times; competitive pricing will be important. Investor sentiment is cautiously optimistic โ€” selective opportunities exist for well-researched buyers.

Frequently Asked Questions

Is Miners Rest a good suburb for investment?

Miners Rest is a regional area in Victoria with a population of 3,829. The median rent is $360/week and the median household income is $103,116/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 Miners Rest?

Key demand drivers in Miners Rest include regional employment hubs, lifestyle, and affordability. 95% of dwellings are separate houses. The area has approximately 1 schools and 2 parks nearby.

What is the population of Miners Rest?

According to the ABS 2021 Census, Miners Rest has a population of approximately 3,829. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Miners Rest from the Melbourne CBD?

Miners Rest is approximately 109 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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