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Suburb Insights ยท VIC 3984

Monomeith 3984, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Monomeith is a regional centre in Victoria, Australia, with a population of approximately 69, making it a boutique locality. Located approximately 67 km from the Melbourne CBD, Monomeith is a regional area in Victoria. The median household income is $84,500 AUD per year (ABS 2021 Census).

Investment Score

33 / 100 Weak

Moderate income levels in Monomeith indicate steady rental demand from working households. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.

Location

Map shows Monomeith, Victoria, Australia.

Key Indicators

Postcode
3984

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

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Population
69

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

ABS Census Data โ†’
Median Rent (weekly)
$150/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
$84,500/yr

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

ABS Census Data โ†’
Distance to CBD
67 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)
$1,400/mo

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

ABS Census Data โ†’
Dwelling Type
93% 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, Monomeith 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 $150/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,400/month. The median household income of $84,500/year reflects a solid demographic, supporting sustainable rental demand. 93% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

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

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Rental Yield

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

Risk Factors

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Full Property Analysis

30-year projections for Monomeith

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital growth in Monomeith may remain subdued in 2026, with limited demand drivers in the near term. Landlords in Monomeith may face longer tenant search times; competitive pricing will be important. Investor sentiment toward Monomeith is currently lukewarm โ€” value hunters may find opportunity here.

Frequently Asked Questions

Is Monomeith a good suburb for investment?

Monomeith is a regional area in Victoria with a population of 69. The median rent is $150/week and the median household income is $84,500/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 Monomeith?

Key demand drivers in Monomeith include regional employment hubs, lifestyle, and affordability. 93% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Monomeith?

According to the ABS 2021 Census, Monomeith has a population of approximately 69. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Monomeith from the Melbourne CBD?

Monomeith is approximately 67 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). Road travel times will vary; check current mapping services for up-to-date routes.

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