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Suburb Insights ยท VIC 3377

Mount Cole 3377, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Mount Cole is a regional centre in Victoria, Australia, with a population of approximately 21, making it a boutique locality. Located approximately 166 km from the Melbourne CBD, Mount Cole is a regional area in Victoria. The median household income is $37,648 AUD per year (ABS 2021 Census).

Investment Score

24 / 100 Weak

Mount Cole's income profile suggests a value-oriented market with competitive purchase prices. As a regional location, growth prospects depend on local economic conditions and infrastructure investment.

Location

Map shows Mount Cole, Victoria, Australia.

Key Indicators

Postcode
3377

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

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Population
21

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

ABS Census Data โ†’
Median Rent (weekly)
$165/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
$37,648/yr

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

ABS Census Data โ†’
Distance to CBD
166 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)
N/A

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

ABS Census Data โ†’
Dwelling Type
100% 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 Cole 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 $165/week (ABS 2021) indicates an affordable rental market. 100% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

Long-term holding in Mount Cole requires careful assessment of local economic resilience.

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Rental Yield

Achieving strong cash flow in Mount Cole is challenging at current rent-to-price ratios.

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Renovation / Flip

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

Risk Factors

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Full Property Analysis

30-year projections for Mount Cole

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: Low Investor Sentiment: Low

Mount Cole faces a cautious growth outlook for 2026 โ€” investors should focus on yield rather than short-term gains. Rental demand may be softer โ€” budgeting for vacancy periods is prudent in Mount Cole's 2026 outlook. Sentiment is subdued, though improving local conditions could shift perceptions over time.

Frequently Asked Questions

Is Mount Cole a good suburb for investment?

Mount Cole is a regional area in Victoria with a population of 21. The median rent is $165/week and the median household income is $37,648/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 Cole?

Key demand drivers in Mount Cole include regional employment hubs, lifestyle, and affordability. 100% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Mount Cole?

According to the ABS 2021 Census, Mount Cole has a population of approximately 21. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Mount Cole from the Melbourne CBD?

Mount Cole is approximately 166 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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