ABS 2021 Census · Updated 31 March 2026
Princetown is a regional centre in Victoria, Australia, with a population of approximately 236, making it a boutique locality. Located approximately 182 km from the Melbourne CBD, Princetown is a regional area in Victoria. The median household income is $72,124 AUD per year (ABS 2021 Census).
Moderate income levels in Princetown indicate steady rental demand from working households. As a regional location, growth prospects depend on local economic conditions and infrastructure investment.
Map shows Princetown, Victoria, Australia.
Official Australia Post postcode for Princetown. 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 Princetown 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, Princetown 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 $216/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,261/month. 75% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.
A buy-and-hold approach in Princetown could work well with careful property selection and a longer time horizon.
Princetown's rental market is softer — budget for potential vacancy periods.
The resale market in Princetown may not support quick-turnaround renovation projects.
Run the numbers on a Princetown property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Price movement in Princetown is expected to be flat to modest in 2026, reflecting broader regional market conditions. Rental demand may be softer — budgeting for vacancy periods is prudent in Princetown's 2026 outlook. Princetown is not a headline market, but contrarian investors may see long-term potential.
Princetown is a regional area in Victoria with a population of 236. The median rent is $216/week and the median household income is $72,124/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 Princetown include regional employment hubs, lifestyle, and affordability. 75% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.
According to the ABS 2021 Census, Princetown has a population of approximately 236. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.
Princetown is approximately 182 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.