Free full calculator โ†’
Suburb Insights ยท VIC 3585

Nyrraby 3585, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Nyrraby is a regional centre in Victoria, Australia, with a population of approximately 18, making it a boutique locality. Located approximately 327 km from the Melbourne CBD, Nyrraby is a regional area in Victoria. The median household income is $74,724 AUD per year (ABS 2021 Census).

Investment Score

32 / 100 Weak

Nyrraby has a solid income profile that supports reliable occupancy rates. As a regional location, growth prospects depend on local economic conditions and infrastructure investment.

Location

Map shows Nyrraby, Victoria, Australia.

Key Indicators

Postcode
3585

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

Australia Post Postcode Finder โ†’
Population
18

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

ABS Census Data โ†’
Median Rent (weekly)
$110/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

State Rental Authority โ†’
Median Household Income
$74,724/yr

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

ABS Census Data โ†’
Distance to CBD
327 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.

Find schools near Nyrraby on My School โ†’
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
89% 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, Nyrraby 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 $110/week (ABS 2021) indicates an affordable rental market. 89% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

โš ๏ธ
Buy & Hold

Holding property in Nyrraby over the medium term may deliver steady, if unspectacular, returns.

โŒ
Rental Yield

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

โŒ
Renovation / Flip

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

Risk Factors

Run the numbers on a Nyrraby property

Full Property Analysis

30-year projections for Nyrraby

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

Create free account โ†’
Or jump straight to a calculator: Loan Serviceability First Home Buyer Grants

2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Nyrraby 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 Nyrraby's 2026 outlook. Sentiment is subdued, though improving local conditions could shift perceptions over time.

Frequently Asked Questions

Is Nyrraby a good suburb for investment?

Nyrraby is a regional area in Victoria with a population of 18. The median rent is $110/week and the median household income is $74,724/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 Nyrraby?

Key demand drivers in Nyrraby include regional employment hubs, lifestyle, and affordability. 89% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Nyrraby?

According to the ABS 2021 Census, Nyrraby has a population of approximately 18. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Nyrraby from the Melbourne CBD?

Nyrraby is approximately 327 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.

Explore Nearby Suburbs

Victoria Property Resources