ABS 2021 Census · Updated 31 March 2026
Ocean Grange is a regional centre in Victoria, Australia, with a population of approximately 5, making it a boutique locality. Located approximately 240 km from the Melbourne CBD, Ocean Grange is a regional area in Victoria. The median household income is $85,748 AUD per year (ABS 2021 Census).
Ocean Grange has a solid income profile that supports reliable occupancy rates. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.
Map shows Ocean Grange, Victoria, Australia.
Official Australia Post postcode for Ocean Grange. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.
ABS Census Data →Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.
State Rental Authority →Annual median household income (before tax) for all households. Source: ABS 2021 Census.
ABS Census Data →Straight-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 Ocean Grange on My School →Estimated 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 →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 →As a regional centre, Ocean Grange 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 $85,748/year reflects a solid demographic, supporting sustainable rental demand.
Ocean Grange offers moderate buy-and-hold potential — look for properties with value-add opportunities.
Achieving strong cash flow in Ocean Grange is challenging at current rent-to-price ratios.
Limited buyer depth in Ocean Grange makes flip strategies higher-risk — consider rental conversion instead.
Run the numbers on a Ocean Grange property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Ocean Grange faces a cautious growth outlook for 2026 — investors should focus on yield rather than short-term gains. Landlords in Ocean Grange may face longer tenant search times; competitive pricing will be important. Investor sentiment toward Ocean Grange is currently lukewarm — value hunters may find opportunity here.
Ocean Grange is a regional area in Victoria with a population of 5. the median household income is $85,748/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 Ocean Grange include regional employment hubs, lifestyle, and affordability. The area has approximately 1 schools and 1 parks nearby.
According to the ABS 2021 Census, Ocean Grange has a population of approximately 5. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.
Ocean Grange is approximately 240 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 — local amenities and employment are important investment considerations.