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Suburb Insights · VIC 3737

Nug Nug, VIC 3737 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Nug Nug is a regional centre in Victoria, Australia, with a population of approximately 36, making it a boutique locality. Located approximately 202 km from the Melbourne CBD, Nug Nug is a regional area in Victoria. The median household income is $61,724 per year.

Investment Score

29 / 100 Weak

Lower income levels in Nug Nug typically translate to more affordable entry points for investors. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.

Location

Melbourne
Nug Nug
Victoria · 3737
202 km from Melbourne CBD
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Key Indicators

Postcode
3737

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

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Population
36

Usual resident population at the most recent census.

Median weekly rent
$220/wk

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

Median household income
$61,724/yr

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

Distance to CBD
202 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
$1,517/mo

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

Home type
60% houses

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

Investment Insight

Nug Nug is a smaller community of 36 — about 0% of the Victoria suburb median (7,416) — so investors should factor in the narrower buyer pool and longer average time-on-market. Nug Nug's median household income of $61,724/year is 35% below the Victoria suburb median ($95,160) — this is an affordability play where returns lean on yield and patient capital growth rather than demographic premium. Median rent of $220/week (~$953/month) covers only 63% of the median mortgage of $1,517/month — the remaining $564/month must be funded from other income, so this suburb tilts toward capital growth rather than yield. Nug Nug is 202 km from Melbourne, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand. Only 60% 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.

Nug Nug vs Victoria Median

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

MetricNug NugVIC medianΔ vs state
Population367,416-100%
Median household income$61,724/yr$95,160/yr-35%
Median rent (weekly)$220$380-42%
Median mortgage (monthly)$1,517$1,950-22%
Distance to CBD202 km32 km+531%
Separate houses60%78%-18pp

Investor Checklist

Pre-inspection briefing for Nug Nug — 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 36 means liquidity is thin and capital growth tends to lag the wider Victoria market over full cycles.

Rental Yield

Weak cash flow: $220/week rent covers only 63% of the $1,517/month median mortgage — a $564/month gap that must be funded from other income. This suburb is a capital-growth play, not a yield play.

Renovation / Flip

Only 60% 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

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30-year projections for Nug Nug

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital-growth expectations for Nug Nug are modest for 2026 — incomes 35% below the VIC median of $95,160 and a population of 36 suggest gains will lag headline metro markets. Rental coverage runs at ~63% of the typical mortgage ($953/month rent vs $1,517/month repayment), leaving a manageable top-up for most investors. The EquitySight investment score of 29/100 places Nug Nug in the lower 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 Nug Nug a good suburb for investment?

Nug Nug scores 29/100 on our EquitySight investment framework — a weak rating. That score is driven by a population of 36, median household income of $61,724/year and median weekly rent of $220. 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 Nug Nug?

The main demand drivers in Nug Nug are a median household income of $61,724/year, a dwelling mix that is 60% 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 Nug Nug?

Nug Nug has a usual resident population of approximately 36, 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 Nug Nug from the Melbourne CBD?

Nug Nug sits 202 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 Nug Nug?

The most recent census recorded a median weekly rent of $220 in Nug Nug, equating to approximately $11,440/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 Nug Nug?

The median monthly mortgage repayment in Nug Nug is $1,517, or approximately $18,204/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 Nug Nug cash-flow positive for investors?

A median weekly rent of $220 works out to $953/month, covering 63% of the median mortgage repayment of $1,517/month. That leaves a $564/month shortfall (around $6,768/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. 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 Nug Nug?

The main risks are a thin buyer pool (36 residents), interest-rate sensitivity on the $1,517 median mortgage, below-median household incomes ($61,724 vs $95,160 state median), 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 Nug Nug 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.

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