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Suburb Insights ยท VIC 3364

Springmount 3364, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Springmount is a regional centre in Victoria, Australia, with a population of approximately 184, making it a boutique locality. Located approximately 101 km from the Melbourne CBD, Springmount is a regional area in Victoria. The median household income is $113,724 AUD per year (ABS 2021 Census).

Investment Score

47 / 100 Moderate

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

Location

Map shows Springmount, Victoria, Australia.

Key Indicators

Postcode
3364

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

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Population
184

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$200/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$113,724/yr

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

ABS Census Data โ†’
Distance to CBD
101 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)
$1,600/mo

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

ABS Census Data โ†’
Dwelling Type
92% 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, Springmount 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 $200/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,600/month. A median household income of $113,724/year supports premium property values and indicates a well-employed resident base. 92% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

Springmount 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 Springmount is challenging at current rent-to-price ratios.

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Renovation / Flip

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

Risk Factors

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Full Property Analysis

30-year projections for Springmount

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

Springmount faces a cautious growth outlook for 2026 โ€” investors should focus on yield rather than short-term gains. Rental demand may be softer โ€” budgeting for vacancy periods is prudent in Springmount's 2026 outlook. Springmount is not a headline market, but contrarian investors may see long-term potential.

Frequently Asked Questions

Is Springmount a good suburb for investment?

Springmount is a regional area in Victoria with a population of 184. The median rent is $200/week and the median household income is $113,724/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 Springmount?

Key demand drivers in Springmount include regional employment hubs, lifestyle, and affordability. 92% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Springmount?

According to the ABS 2021 Census, Springmount has a population of approximately 184. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Springmount from the Melbourne CBD?

Springmount is approximately 101 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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