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Suburb Insights · VIC 3030

Quandong, VIC 3030 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Quandong is a well-established middle-ring suburb of Melbourne, Australia, with a population of approximately 5, making it a boutique locality. Located approximately 41 km from the Melbourne CBD, Quandong is a middle ring area in Victoria. The median household income is $247,000 per year.

Investment Score

64 / 100 Good

Strong household incomes in Quandong underpin solid property demand. Greater distance from the CBD may temper short-term capital growth.

Location

Melbourne
Quandong
Victoria · 3030
41 km from Melbourne CBD
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Key Indicators

Postcode
3030

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

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Population
5

Usual resident population at the most recent census.

Median weekly rent
$310/wk

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$247,000/yr

Annual median household income (before tax) across all households.

Distance to CBD
41 km

Straight-line distance from the suburb centroid 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.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb.

Median monthly mortgage
N/A

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
N/A

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Investment Insight

Quandong is a smaller community of 5 — about 0% of the Victoria suburb median (7,416) — so investors should factor in the narrower buyer pool and longer average time-on-market. Median household income of $247,000/year runs 160% above the Victoria suburb median of $95,160, indicating strong purchasing power and the type of demographic profile that tends to sustain premium property prices through market cycles. The median weekly rent of $310 translates to approximately $16,120/year in gross rental income, setting the upper bound on yield before vacancy, rates, insurance and maintenance. At 41 km from Melbourne, Quandong is an outer-metro location where buyers are typically trading commute time for floor space and a lower entry price.

Quandong vs Victoria Median

How Quandong stacks up against the median of all Victoria suburbs in our dataset. Positive values mean Quandong sits above the state median; negative means below.

MetricQuandongVIC medianΔ vs state
Population57,416-100%
Median household income$247,000/yr$95,160/yr+160%
Median rent (weekly)$310$380-18%
Distance to CBD41 km32 km+28%

Investor Checklist

Pre-inspection briefing for Quandong — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

Buy & Hold

Limited buy-and-hold upside: a small population of 5 means liquidity is thin and capital growth tends to lag the wider Victoria market over full cycles.

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Rental Yield

Gross rent of $310/week (~$16,120/year) sets the yield ceiling. Cross-check against your purchase price to confirm whether this suburb hits the 4–5% gross yield most Australian investors target.

Renovation / Flip

With a population of 5, the resale market in Quandong may not reliably reward cosmetic renovations — a longer hold is typically a better strategy at this scale, letting land-value appreciation do the work instead.

Risk Factors

Run the numbers on a Quandong property

Full Property Analysis

30-year projections for Quandong

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Moderate

Capital-growth expectations for Quandong are modest for 2026 — incomes 160% above the VIC median of $95,160 and a population of 5 suggest gains will lag headline metro markets. Rents sit around $310/week, setting the baseline gross rental income at roughly $16,120/year — refine this against current listings before running your numbers. The EquitySight investment score of 64/100 places Quandong in the upper-middle tier of Australian suburbs we profile, and overall investor sentiment is balanced heading into the second half of 2026.

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Frequently Asked Questions

Is Quandong a good suburb for investment?

Quandong scores 64/100 on our EquitySight investment framework — a good rating. That score is driven by a population of 5, median household income of $247,000/year and median weekly rent of $310. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.

What drives property demand in Quandong?

The main demand drivers in Quandong are an above-state-median household income of $247,000/year, roughly 1 schools and 1 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.

What is the population of Quandong?

Quandong has a usual resident population of approximately 5, compared with a Victoria suburb median of 7,416 — placing it in the lower half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.

How far is Quandong from the Melbourne CBD?

Quandong sits 41 km straight-line from the Melbourne CBD. This is an outer-metro location; local employment and infrastructure announcements tend to move prices more than CBD connectivity alone.

What is the median rent in Quandong?

The most recent census recorded a median weekly rent of $310 in Quandong, equating to approximately $16,120/year in gross rental income (state median $380/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.

What is the typical mortgage repayment in Quandong?

A reliable median mortgage figure was not captured for Quandong. Use our loan serviceability calculator to estimate a realistic monthly repayment for your target purchase price and deposit.

Is Quandong cash-flow positive for investors?

Census data was not complete enough in Quandong to compute a clean rent-to-mortgage coverage. Use current listings to benchmark weekly rent, then plug your expected purchase price into our rental yield calculator to see whether the investment runs cash-flow positive or negative.

What are the main risks of investing in Quandong?

The main risks are a thin buyer pool (5 residents), interest-rate sensitivity, the broader Victoria market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.

How we built this Quandong profile

Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.

Nearby Suburbs

Victoria Property Resources