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Suburb Insights ยท VIC 3551

Painswick 3551, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Painswick is a regional centre in Victoria, Australia, with a population of approximately 14, making it a boutique locality. Located approximately 157 km from the Melbourne CBD, Painswick is a regional area in Victoria. The median household income is $37,700 AUD per year (ABS 2021 Census).

Investment Score

27 / 100 Weak

Household earnings in Painswick are below the state average, which may affect long-term capital growth. Distance from major centres is a consideration, though regional markets can offer higher rental yields.

Location

Map shows Painswick, Victoria, Australia.

Key Indicators

Postcode
3551

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

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Population
14

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.

State Rental Authority โ†’
Median Household Income
$37,700/yr

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

ABS Census Data โ†’
Distance to CBD
157 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)
$1,192/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
50% 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, Painswick 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.

Investment Strategy

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Buy & Hold

Capital growth in Painswick may be constrained โ€” consider alternative strategies.

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Rental Yield

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

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Renovation / Flip

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

Risk Factors

Run the numbers on a Painswick property

Full Property Analysis

30-year projections for Painswick

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

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Price movement in Painswick is expected to be flat to modest in 2026, reflecting broader regional market conditions. The rental pipeline in Painswick 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 Painswick a good suburb for investment?

Painswick is a regional area in Victoria with a population of 14. the median household income is $37,700/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 Painswick?

Key demand drivers in Painswick include regional employment hubs, lifestyle, and affordability. 50% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Painswick?

According to the ABS 2021 Census, Painswick has a population of approximately 14. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Painswick from the Melbourne CBD?

Painswick is approximately 157 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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