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Suburb Insights ยท VIC 3324

Mount Bute 3324, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Mount Bute is a regional centre in Victoria, Australia, with a population of approximately 61, making it a boutique locality. Located approximately 137 km from the Melbourne CBD, Mount Bute is a regional area in Victoria. The median household income is $86,112 AUD per year (ABS 2021 Census).

Investment Score

37 / 100 Weak

Moderate income levels in Mount Bute indicate steady rental demand from working households. As a regional location, growth prospects depend on local economic conditions and infrastructure investment.

Location

Map shows Mount Bute, Victoria, Australia.

Key Indicators

Postcode
3324

Official Australia Post postcode for Mount Bute. A postcode may cover multiple suburbs.

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Population
61

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

ABS Census Data โ†’
Median Rent (weekly)
$126/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
$86,112/yr

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

ABS Census Data โ†’
Distance to CBD
137 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)
$250/mo

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

ABS Census Data โ†’
Dwelling Type
72% 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, Mount Bute 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 $126/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $250/month. The median household income of $86,112/year reflects a solid demographic, supporting sustainable rental demand.

Investment Strategy

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Buy & Hold

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

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Rental Yield

Rental yields in Mount Bute tend to be lower โ€” investors may need to rely on capital growth instead.

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Renovation / Flip

The resale market in Mount Bute may not support quick-turnaround renovation projects.

Risk Factors

Run the numbers on a Mount Bute property

Full Property Analysis

30-year projections for Mount Bute

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital growth in Mount Bute may remain subdued in 2026, with limited demand drivers in the near term. Rental demand may be softer โ€” budgeting for vacancy periods is prudent in Mount Bute's 2026 outlook. Investor sentiment toward Mount Bute is currently lukewarm โ€” value hunters may find opportunity here.

Frequently Asked Questions

Is Mount Bute a good suburb for investment?

Mount Bute is a regional area in Victoria with a population of 61. The median rent is $126/week and the median household income is $86,112/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 Mount Bute?

Key demand drivers in Mount Bute include regional employment hubs, lifestyle, and affordability. 72% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Mount Bute?

According to the ABS 2021 Census, Mount Bute has a population of approximately 61. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Mount Bute from the Melbourne CBD?

Mount Bute is approximately 137 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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