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Suburb Insights ยท VIC 3575

Pyramid Hill 3575, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Pyramid Hill is a regional centre in Victoria, Australia, with a population of approximately 598, making it a boutique locality. Located approximately 210 km from the Melbourne CBD, Pyramid Hill is a regional area in Victoria. The median household income is $50,128 AUD per year (ABS 2021 Census).

Investment Score

25 / 100 Weak

Household earnings in Pyramid Hill 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 Pyramid Hill, Victoria, Australia.

Key Indicators

Postcode
3575

Official Australia Post postcode for Pyramid Hill. A postcode may cover multiple suburbs.

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Population
598

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

ABS Census Data โ†’
Median Rent (weekly)
$170/wk

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

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Median Household Income
$50,128/yr

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

ABS Census Data โ†’
Distance to CBD
210 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)
$707/mo

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

ABS Census Data โ†’
Dwelling Type
82% 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, Pyramid Hill 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 $170/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $707/month. 82% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

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

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Rental Yield

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

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Renovation / Flip

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

Risk Factors

Run the numbers on a Pyramid Hill property

Full Property Analysis

30-year projections for Pyramid Hill

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

Pyramid Hill is a regional area in Victoria with a population of 598. The median rent is $170/week and the median household income is $50,128/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 Pyramid Hill?

Key demand drivers in Pyramid Hill include regional employment hubs, lifestyle, and affordability. 82% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Pyramid Hill?

According to the ABS 2021 Census, Pyramid Hill has a population of approximately 598. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Pyramid Hill from the Melbourne CBD?

Pyramid Hill is approximately 210 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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