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Suburb Insights · VIC 3558

Runnymede, VIC 3558 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Runnymede is a regional centre in Victoria, Australia, with a population of approximately 64, making it a boutique locality. Located approximately 143 km from the Melbourne CBD, Runnymede is a regional area in Victoria. The median household income is $93,132 per year.

Investment Score

41 / 100 Moderate

Above-average earnings in Runnymede support sustained property values. As a regional location, growth prospects depend on local economic conditions and infrastructure investment.

Location

Melbourne
Runnymede
Victoria · 3558
143 km from Melbourne CBD
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Key Indicators

Postcode
3558

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

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Population
64

Usual resident population at the most recent census.

Median weekly rent
$230/wk

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

Median household income
$93,132/yr

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

Distance to CBD
143 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
$2,167/mo

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

Home type
83% houses

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

Investment Insight

Runnymede is a smaller community of 64 — about 1% of the Victoria suburb median (7,416) — so investors should factor in the narrower buyer pool and longer average time-on-market. At $93,132/year, household income in Runnymede is within 2% of the Victoria median ($95,160), placing the suburb firmly in the state's mainstream demographic band. Weekly rent of $230 covers just 46% of the median $2,167/month mortgage repayment, leaving a $1,170/month gap — investors should only pursue this suburb with a clear capital-growth thesis and sufficient external income to fund the shortfall. Runnymede is 143 km from Melbourne, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand.

Runnymede vs Victoria Median

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

MetricRunnymedeVIC medianΔ vs state
Population647,416-99%
Median household income$93,132/yr$95,160/yr-2%
Median rent (weekly)$230$380-39%
Median mortgage (monthly)$2,167$1,950+11%
Distance to CBD143 km32 km+347%
Separate houses83%78%+5pp

Investor Checklist

Pre-inspection briefing for Runnymede — 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 64 means liquidity is thin and capital growth tends to lag the wider Victoria market over full cycles.

Rental Yield

Weak cash flow: $230/week rent covers only 46% of the $2,167/month median mortgage — a $1,170/month gap that must be funded from other income. This suburb is a capital-growth play, not a yield play.

⚠️
Renovation / Flip

With 83% houses in a 64-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.

Risk Factors

Run the numbers on a Runnymede property

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30-year projections for Runnymede

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital-growth expectations for Runnymede are modest for 2026 — incomes close to the VIC median of $95,160 and a population of 64 suggest gains will lag headline metro markets. Rental coverage runs at ~46% of the typical mortgage ($997/month rent vs $2,167/month repayment), meaning investors will rely on capital growth rather than yield. The EquitySight investment score of 41/100 places Runnymede in the mid tier of Australian suburbs we profile, and overall investor sentiment is cautious heading into the second half of 2026.

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Frequently Asked Questions

Is Runnymede a good suburb for investment?

Runnymede scores 41/100 on our EquitySight investment framework — a moderate rating. That score is driven by a population of 64, median household income of $93,132/year and median weekly rent of $230. 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 Runnymede?

The main demand drivers in Runnymede are a median household income of $93,132/year, a dwelling mix that is 83% separate houses, 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 Runnymede?

Runnymede has a usual resident population of approximately 64, 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 Runnymede from the Melbourne CBD?

Runnymede sits 143 km straight-line from the Melbourne CBD. This is a regional market where CBD distance is only indicative — local industry diversity and commute alternatives matter more.

What is the median rent in Runnymede?

The most recent census recorded a median weekly rent of $230 in Runnymede, equating to approximately $11,960/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 Runnymede?

The median monthly mortgage repayment in Runnymede is $2,167, or approximately $26,004/year (vs $1,950/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.

Is Runnymede cash-flow positive for investors?

A median weekly rent of $230 works out to $997/month, covering 46% of the median mortgage repayment of $2,167/month. That leaves a $1,170/month shortfall (around $14,040/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.

What are the main risks of investing in Runnymede?

The main risks are a thin buyer pool (64 residents), interest-rate sensitivity on the $2,167 median mortgage, 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 Runnymede 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