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Suburb Insights · VIC 3483

Narraport, VIC 3483 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Narraport is a regional centre in Victoria, Australia, with a population of approximately 50, making it a boutique locality. Located approximately 261 km from the Melbourne CBD, Narraport is a regional area in Victoria. The median household income is $94,224 per year.

Investment Score

41 / 100 Moderate

Above-average earnings in Narraport support sustained property values. As a regional location, growth prospects depend on local economic conditions and infrastructure investment.

Location

Melbourne
Narraport
Victoria · 3483
261 km from Melbourne CBD
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Key Indicators

Postcode
3483

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

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Population
50

Usual resident population at the most recent census.

Median weekly rent
$125/wk

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

Median household income
$94,224/yr

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

Distance to CBD
261 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
$303/mo

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

Home type
50% houses

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

Investment Insight

Narraport is a smaller community of 50 — about 1% of the Victoria suburb median (7,416) — so investors should factor in the narrower buyer pool and longer average time-on-market. At $94,224/year, household income in Narraport is within 1% of the Victoria median ($95,160), placing the suburb firmly in the state's mainstream demographic band. Median weekly rent of $125 equates to $542/month — about 179% of the median mortgage repayment of $303/month — meaning rental income covers most of a typical owner's repayment and this is a genuine cash-flow suburb before tax benefits. Narraport is 261 km from Melbourne, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand. Only 50% of dwellings are separate houses (vs 78% state median), so this is a unit-heavy market where body-corporate decisions and strata supply meaningfully shape investor returns.

Narraport vs Victoria Median

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

MetricNarraportVIC medianΔ vs state
Population507,416-99%
Median household income$94,224/yr$95,160/yr-1%
Median rent (weekly)$125$380-67%
Median mortgage (monthly)$303$1,950-84%
Distance to CBD261 km32 km+716%
Separate houses50%78%-28pp

Investor Checklist

Pre-inspection briefing for Narraport — 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 50 means liquidity is thin and capital growth tends to lag the wider Victoria market over full cycles.

Rental Yield

Strong rental coverage: $125/week (~$542/month) covers 179% of the $303/month median mortgage repayment, so the shortfall sits at just $0/month. Investors targeting positive cash flow should shortlist this suburb.

Renovation / Flip

Only 50% of dwellings are separate houses (vs 78% VIC median) — this is a unit and townhouse market, where cosmetic flips struggle against body-corporate restrictions, thinner after-reno uplift and competing new supply.

Risk Factors

Run the numbers on a Narraport property

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30-year projections for Narraport

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital-growth expectations for Narraport are modest for 2026 — incomes close to the VIC median of $95,160 and a population of 50 suggest gains will lag headline metro markets. Rental coverage runs at ~179% of the typical mortgage ($542/month rent vs $303/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 41/100 places Narraport in the mid 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 Narraport a good suburb for investment?

Narraport scores 41/100 on our EquitySight investment framework — a moderate rating. That score is driven by a population of 50, median household income of $94,224/year and median weekly rent of $125. 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 Narraport?

The main demand drivers in Narraport are a median household income of $94,224/year, a dwelling mix that is 50% 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 Narraport?

Narraport has a usual resident population of approximately 50, 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 Narraport from the Melbourne CBD?

Narraport sits 261 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 Narraport?

The most recent census recorded a median weekly rent of $125 in Narraport, equating to approximately $6,500/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 Narraport?

The median monthly mortgage repayment in Narraport is $303, or approximately $3,636/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 Narraport cash-flow positive for investors?

A median weekly rent of $125 works out to $542/month, covering 179% of the median mortgage repayment of $303/month. That means rent exceeds the median repayment by roughly $239/month, so on these numbers Narraport leans cash-flow-positive before accounting for strata, council rates, insurance and maintenance. 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 Narraport?

The main risks are a thin buyer pool (50 residents), interest-rate sensitivity on the $303 median mortgage, 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 Narraport 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.

Nearby Suburbs

Victoria Property Resources