ABS 2021 Census ยท Updated 31 March 2026
Munro is a regional centre in Victoria, Australia, with a population of approximately 167, making it a boutique locality. Located approximately 198 km from the Melbourne CBD, Munro is a regional area in Victoria. The median household income is $70,564 AUD per year (ABS 2021 Census).
Household earnings in Munro are below the state average, which may affect long-term capital growth. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.
Map shows Munro, Victoria, Australia.
Official Australia Post postcode for Munro. A postcode may cover multiple suburbs.
Australia Post Postcode Finder โUsual resident population at census night. Source: ABS 2021 Census of Population and Housing.
ABS Census Data โWeekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.
State Rental Authority โAnnual median household income (before tax) for all households. Source: ABS 2021 Census.
ABS Census Data โStraight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 1 school within or near this suburb based on ABS 2021 data.
Find schools near Munro on My School โEstimated 1 park and green spaces near this suburb. Source: ABS 2021 data.
Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.
ABS Census Data โProportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.
ABS Census Data โAs a regional centre, Munro 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 $1,484/month. 89% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.
A buy-and-hold approach in Munro could work well with careful property selection and a longer time horizon.
Munro's rental market is softer โ budget for potential vacancy periods.
Limited buyer depth in Munro makes flip strategies higher-risk โ consider rental conversion instead.
Run the numbers on a Munro property
Scenario comparison, cash flow analysis, tax modelling, and PDF export โ all in one place.
Create free account โPrice movement in Munro is expected to be flat to modest in 2026, reflecting broader regional market conditions. Landlords in Munro may face longer tenant search times; competitive pricing will be important. Munro is not a headline market, but contrarian investors may see long-term potential.
Munro is a regional area in Victoria with a population of 167. The median rent is $150/week and the median household income is $70,564/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.
Key demand drivers in Munro include regional employment hubs, lifestyle, and affordability. 89% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.
According to the ABS 2021 Census, Munro has a population of approximately 167. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.
Munro is approximately 198 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.