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Suburb Insights ยท VIC 3407

Pigeon Ponds 3407, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Pigeon Ponds is a regional centre in Victoria, Australia, with a population of approximately 29, making it a boutique locality. Located approximately 295 km from the Melbourne CBD, Pigeon Ponds is a regional area in Victoria. The median household income is $123,448 AUD per year (ABS 2021 Census).

Investment Score

52 / 100 Moderate

Strong household incomes in Pigeon Ponds underpin solid property demand. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.

Location

Map shows Pigeon Ponds, Victoria, Australia.

Key Indicators

Postcode
3407

Official Australia Post postcode for Pigeon Ponds. A postcode may cover multiple suburbs.

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Population
29

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
$123,448/yr

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

ABS Census Data โ†’
Distance to CBD
295 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
63% 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, Pigeon Ponds 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. A median household income of $123,448/year supports premium property values and indicates a well-employed resident base.

Investment Strategy

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Buy & Hold

A buy-and-hold approach in Pigeon Ponds could work well with careful property selection and a longer time horizon.

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Rental Yield

Rental yields in Pigeon Ponds tend to be lower โ€” investors may need to rely on capital growth instead.

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Renovation / Flip

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

Risk Factors

Run the numbers on a Pigeon Ponds property

Full Property Analysis

30-year projections for Pigeon Ponds

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Moderate

Capital growth in Pigeon Ponds may remain subdued in 2026, with limited demand drivers in the near term. Landlords in Pigeon Ponds may face longer tenant search times; competitive pricing will be important. The market mood around Pigeon Ponds is balanced โ€” neither bullish nor bearish heading into 2026.

Frequently Asked Questions

Is Pigeon Ponds a good suburb for investment?

Pigeon Ponds is a regional area in Victoria with a population of 29. the median household income is $123,448/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 Pigeon Ponds?

Key demand drivers in Pigeon Ponds include regional employment hubs, lifestyle, and affordability. 63% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Pigeon Ponds?

According to the ABS 2021 Census, Pigeon Ponds has a population of approximately 29. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Pigeon Ponds from the Melbourne CBD?

Pigeon Ponds is approximately 295 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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