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Suburb Insights ยท VIC 3540

Oakvale 3540, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Oakvale is a regional centre in Victoria, Australia, with a population of approximately 19, making it a boutique locality. Located approximately 245 km from the Melbourne CBD, Oakvale is a regional area in Victoria. The median household income is $97,500 AUD per year (ABS 2021 Census).

Investment Score

44 / 100 Moderate

Oakvale benefits from a high-income resident base, supporting premium property pricing. Distance from major centres is a consideration, though regional markets can offer higher rental yields.

Location

Map shows Oakvale, Victoria, Australia.

Key Indicators

Postcode
3540

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

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Population
19

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

ABS Census Data โ†’
Median Rent (weekly)
N/A

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

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Median Household Income
$97,500/yr

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

ABS Census Data โ†’
Distance to CBD
245 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, Oakvale 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 household income of $97,500/year reflects a solid demographic, supporting sustainable rental demand. 100% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

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

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Rental Yield

Oakvale's rental market is softer โ€” budget for potential vacancy periods.

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Renovation / Flip

Limited buyer depth in Oakvale makes flip strategies higher-risk โ€” consider rental conversion instead.

Risk Factors

Run the numbers on a Oakvale property

Full Property Analysis

30-year projections for Oakvale

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Price movement in Oakvale is expected to be flat to modest in 2026, reflecting broader regional market conditions. The rental pipeline in Oakvale is thinner โ€” flexible lease terms could help secure tenants faster. Sentiment is subdued, though improving local conditions could shift perceptions over time.

Frequently Asked Questions

Is Oakvale a good suburb for investment?

Oakvale is a regional area in Victoria with a population of 19. the median household income is $97,500/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 Oakvale?

Key demand drivers in Oakvale 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 Oakvale?

According to the ABS 2021 Census, Oakvale has a population of approximately 19. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Oakvale from the Melbourne CBD?

Oakvale is approximately 245 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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