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Suburb Insights · VIC 3691

Mongans Bridge, VIC 3691 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Mongans Bridge is a regional centre in Victoria, Australia, with a population of approximately 49, making it a boutique locality. Located approximately 235 km from the Melbourne CBD, Mongans Bridge is a regional area in Victoria. The median household income is $71,500 per year.

Investment Score

33 / 100 Weak

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

Location

Melbourne
Mongans Bridge
Victoria · 3691
235 km from Melbourne CBD
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Key Indicators

Postcode
3691

Official Australia Post postcode for Mongans Bridge. A postcode may cover multiple suburbs.

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Population
49

Usual resident population at the most recent census.

Median weekly rent
$260/wk

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

Median household income
$71,500/yr

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

Distance to CBD
235 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
$2,514/mo

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

Home type
105% houses

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

Investment Insight

Mongans Bridge is a smaller community of 49 — about 1% of the Victoria suburb median (7,416) — so investors should factor in the narrower buyer pool and longer average time-on-market. Mongans Bridge's median household income of $71,500/year is 25% below the Victoria suburb median ($95,160) — this is an affordability play where returns lean on yield and patient capital growth rather than demographic premium. Weekly rent of $260 covers just 45% of the median $2,514/month mortgage repayment, leaving a $1,387/month gap — investors should only pursue this suburb with a clear capital-growth thesis and sufficient external income to fund the shortfall. Mongans Bridge is 235 km from Melbourne, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand. Separate houses make up 105% of dwellings — 27 percentage points above the Victoria median of 78% — pointing to a family-oriented, land-rich market where value is concentrated in the underlying block.

Mongans Bridge vs Victoria Median

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

MetricMongans BridgeVIC medianΔ vs state
Population497,416-99%
Median household income$71,500/yr$95,160/yr-25%
Median rent (weekly)$260$380-32%
Median mortgage (monthly)$2,514$1,950+29%
Distance to CBD235 km32 km+634%
Separate houses105%78%+27pp

Investor Checklist

Pre-inspection briefing for Mongans Bridge — 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 49 means liquidity is thin and capital growth tends to lag the wider Victoria market over full cycles.

Rental Yield

Weak cash flow: $260/week rent covers only 45% of the $2,514/month median mortgage — a $1,387/month gap that must be funded from other income. This suburb is a capital-growth play, not a yield play.

⚠️
Renovation / Flip

With 105% houses in a 49-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 Mongans Bridge property

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30-year projections for Mongans Bridge

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital-growth expectations for Mongans Bridge are modest for 2026 — incomes 25% below the VIC median of $95,160 and a population of 49 suggest gains will lag headline metro markets. Rental coverage runs at ~45% of the typical mortgage ($1,127/month rent vs $2,514/month repayment), meaning investors will rely on capital growth rather than yield. The EquitySight investment score of 33/100 places Mongans Bridge 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 Mongans Bridge a good suburb for investment?

Mongans Bridge scores 33/100 on our EquitySight investment framework — a weak rating. That score is driven by a population of 49, median household income of $71,500/year and median weekly rent of $260. 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 Mongans Bridge?

The main demand drivers in Mongans Bridge are a median household income of $71,500/year, a dwelling mix that is 105% 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 Mongans Bridge?

Mongans Bridge has a usual resident population of approximately 49, 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 Mongans Bridge from the Melbourne CBD?

Mongans Bridge sits 235 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 Mongans Bridge?

The most recent census recorded a median weekly rent of $260 in Mongans Bridge, equating to approximately $13,520/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 Mongans Bridge?

The median monthly mortgage repayment in Mongans Bridge is $2,514, or approximately $30,168/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 Mongans Bridge cash-flow positive for investors?

A median weekly rent of $260 works out to $1,127/month, covering 45% of the median mortgage repayment of $2,514/month. That leaves a $1,387/month shortfall (around $16,644/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 Mongans Bridge?

The main risks are a thin buyer pool (49 residents), interest-rate sensitivity on the $2,514 median mortgage, below-median household incomes ($71,500 vs $95,160 state median), 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 Mongans Bridge 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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