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Suburb Insights ยท VIC 3480

Rich Avon 3480, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Rich Avon is a regional centre in Victoria, Australia, with a population of approximately 3, making it a boutique locality. Located approximately 237 km from the Melbourne CBD, Rich Avon is a regional area in Victoria. The median household income is $49,348 AUD per year (ABS 2021 Census).

Investment Score

25 / 100 Weak

Household earnings in Rich Avon are below the state average, which may affect long-term capital growth. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.

Location

Map shows Rich Avon, Victoria, Australia.

Key Indicators

Postcode
3480

Official Australia Post postcode for Rich Avon. A postcode may cover multiple suburbs.

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Population
3

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
$49,348/yr

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

ABS Census Data โ†’
Distance to CBD
237 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
75% 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, Rich Avon 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. 75% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

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

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Rental Yield

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

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Renovation / Flip

Renovation or flip strategies in Rich Avon face headwinds from a smaller buyer pool and slower turnover.

Risk Factors

Run the numbers on a Rich Avon property

Full Property Analysis

30-year projections for Rich Avon

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 Rich Avon is expected to be flat to modest in 2026, reflecting broader regional market conditions. Landlords in Rich Avon may face longer tenant search times; competitive pricing will be important. Rich Avon is not a headline market, but contrarian investors may see long-term potential.

Frequently Asked Questions

Is Rich Avon a good suburb for investment?

Rich Avon is a regional area in Victoria with a population of 3. the median household income is $49,348/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 Rich Avon?

Key demand drivers in Rich Avon include regional employment hubs, lifestyle, and affordability. 75% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Rich Avon?

According to the ABS 2021 Census, Rich Avon has a population of approximately 3. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Rich Avon from the Melbourne CBD?

Rich Avon is approximately 237 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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