ABS 2021 Census · Updated 31 March 2026
Sawmill Settlement is a regional centre in Victoria, Australia, with a population of approximately 86, making it a boutique locality. Located approximately 146 km from the Melbourne CBD, Sawmill Settlement is a regional area in Victoria. The median household income is $74,048 AUD per year (ABS 2021 Census).
Moderate income levels in Sawmill Settlement indicate steady rental demand from working households. As a regional location, growth prospects depend on local economic conditions and infrastructure investment.
Map shows Sawmill Settlement, Victoria, Australia.
Official Australia Post postcode for Sawmill Settlement. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.
ABS Census Data →Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.
State Rental Authority →Annual median household income (before tax) for all households. Source: ABS 2021 Census.
ABS Census Data →Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 1 school within or near this suburb based on ABS 2021 data.
Find schools near Sawmill Settlement on My School →Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.
Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.
ABS Census Data →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 →As a regional centre, Sawmill Settlement 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 $289/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,129/month. With only 16% separate houses, Sawmill Settlement has a significant apartment and unit market — typical of inner-city investment corridors.
Holding property in Sawmill Settlement over the medium term may deliver steady, if unspectacular, returns.
Sawmill Settlement's rental market is softer — budget for potential vacancy periods.
The resale market in Sawmill Settlement may not support quick-turnaround renovation projects.
Run the numbers on a Sawmill Settlement property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Price movement in Sawmill Settlement is expected to be flat to modest in 2026, reflecting broader regional market conditions. Rental demand may be softer — budgeting for vacancy periods is prudent in Sawmill Settlement's 2026 outlook. Investor sentiment toward Sawmill Settlement is currently lukewarm — value hunters may find opportunity here.
Sawmill Settlement is a regional area in Victoria with a population of 86. The median rent is $289/week and the median household income is $74,048/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.
Key demand drivers in Sawmill Settlement include regional employment hubs, lifestyle, and affordability. 16% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.
According to the ABS 2021 Census, Sawmill Settlement has a population of approximately 86. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.
Sawmill Settlement is approximately 146 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 — local amenities and employment are important investment considerations.