ABS 2021 Census · Updated 31 March 2026
Sherbrooke is a regional centre in Victoria, Australia, with a population of approximately 294, making it a boutique locality. Located approximately 36 km from the Melbourne CBD, Sherbrooke is a regional area in Victoria. The median household income is $125,216 AUD per year (ABS 2021 Census).
Sherbrooke benefits from a high-income resident base, supporting premium property pricing. Distance from major centres is a consideration, though regional markets can offer higher rental yields.
Map shows Sherbrooke, Victoria, Australia.
Official Australia Post postcode for Sherbrooke. 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 Sherbrooke 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, Sherbrooke 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 $355/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $2,500/month. A median household income of $125,216/year supports premium property values and indicates a well-employed resident base. 85% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.
Holding property in Sherbrooke over the medium term may deliver steady, if unspectacular, returns.
Expect competitive but not exceptional rental returns in Sherbrooke's current market.
Limited buyer depth in Sherbrooke makes flip strategies higher-risk — consider rental conversion instead.
Run the numbers on a Sherbrooke property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Price movement in Sherbrooke is expected to be flat to modest in 2026, reflecting broader regional market conditions. The rental pipeline in Sherbrooke is thinner — flexible lease terms could help secure tenants faster. The market mood around Sherbrooke is balanced — neither bullish nor bearish heading into 2026.
Sherbrooke is a regional area in Victoria with a population of 294. The median rent is $355/week and the median household income is $125,216/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 Sherbrooke include regional employment hubs, lifestyle, and affordability. 85% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.
According to the ABS 2021 Census, Sherbrooke has a population of approximately 294. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.
Sherbrooke is approximately 36 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). Road travel times will vary; check current mapping services for up-to-date routes.