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Suburb Insights ยท VIC 3429

Sunbury 3429, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Sunbury is a regional centre in Victoria, Australia, with a population of approximately 38,851, making it a sizeable community. Located approximately 37 km from the Melbourne CBD, Sunbury is a regional area in Victoria. The median household income is $100,100 AUD per year (ABS 2021 Census).

Investment Score

60 / 100 Moderate

Sunbury 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.

Location

Map shows Sunbury, Victoria, Australia.

Key Indicators

Postcode
3429

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

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Population
38,851

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

ABS Census Data โ†’
Median Rent (weekly)
$361/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
$100,100/yr

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

ABS Census Data โ†’
Distance to CBD
37 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
10

Estimated 10 schools within or near this suburb based on ABS 2021 data.

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Parks & green spaces
16

Estimated 16 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,733/mo

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

ABS Census Data โ†’
Dwelling Type
84% 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, Sunbury 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 $361/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,733/month. A median household income of $100,100/year supports premium property values and indicates a well-employed resident base. 84% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

Holding property in Sunbury over the medium term may deliver steady, if unspectacular, returns.

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Rental Yield

Rental yields in Sunbury are moderate โ€” screen for properties that offer above-average returns.

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Renovation / Flip

Limited buyer depth in Sunbury makes flip strategies higher-risk โ€” consider rental conversion instead.

Risk Factors

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Full Property Analysis

30-year projections for Sunbury

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: Moderate Investor Sentiment: Moderate

Capital growth in Sunbury may remain subdued in 2026, with limited demand drivers in the near term. Tenants in Sunbury have options โ€” presenting well-maintained properties is key to minimising vacancy. Investor sentiment is cautiously optimistic โ€” selective opportunities exist for well-researched buyers.

Frequently Asked Questions

Is Sunbury a good suburb for investment?

Sunbury is a regional area in Victoria with a population of 38,851. The median rent is $361/week and the median household income is $100,100/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 Sunbury?

Key demand drivers in Sunbury include regional employment hubs, lifestyle, and affordability. 84% of dwellings are separate houses. The area has approximately 10 schools and 16 parks nearby.

What is the population of Sunbury?

According to the ABS 2021 Census, Sunbury has a population of approximately 38,851. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Sunbury from the Melbourne CBD?

Sunbury is approximately 37 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.

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