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Suburb Insights ยท VIC 3351

Rokewood Junction 3351, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Rokewood Junction is a regional centre in Victoria, Australia, with a population of approximately 34, making it a boutique locality. Located approximately 112 km from the Melbourne CBD, Rokewood Junction is a regional area in Victoria. The median household income is $69,316 AUD per year (ABS 2021 Census).

Investment Score

33 / 100 Weak

Rokewood Junction's income profile suggests a value-oriented market with competitive purchase prices. Distance from major centres is a consideration, though regional markets can offer higher rental yields.

Location

Map shows Rokewood Junction, Victoria, Australia.

Key Indicators

Postcode
3351

Official Australia Post postcode for Rokewood Junction. A postcode may cover multiple suburbs.

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Population
34

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.

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Median Household Income
$69,316/yr

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

ABS Census Data โ†’
Distance to CBD
112 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)
$1,088/mo

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

ABS Census Data โ†’
Dwelling Type
67% 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, Rokewood Junction 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.

Investment Strategy

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Buy & Hold

Rokewood Junction offers moderate buy-and-hold potential โ€” look for properties with value-add opportunities.

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Rental Yield

Achieving strong cash flow in Rokewood Junction is challenging at current rent-to-price ratios.

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Renovation / Flip

The resale market in Rokewood Junction may not support quick-turnaround renovation projects.

Risk Factors

Run the numbers on a Rokewood Junction property

Full Property Analysis

30-year projections for Rokewood Junction

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Rokewood Junction faces a cautious growth outlook for 2026 โ€” investors should focus on yield rather than short-term gains. The rental pipeline in Rokewood Junction 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 Rokewood Junction a good suburb for investment?

Rokewood Junction is a regional area in Victoria with a population of 34. the median household income is $69,316/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 Rokewood Junction?

Key demand drivers in Rokewood Junction include regional employment hubs, lifestyle, and affordability. 67% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Rokewood Junction?

According to the ABS 2021 Census, Rokewood Junction has a population of approximately 34. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Rokewood Junction from the Melbourne CBD?

Rokewood Junction is approximately 112 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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