ABS 2021 Census ยท Updated 31 March 2026
Sunset Strip is a regional centre in Victoria, Australia, with a population of approximately 503, making it a boutique locality. Located approximately 80 km from the Melbourne CBD, Sunset Strip is a regional area in Victoria. The median household income is $52,468 AUD per year (ABS 2021 Census).
Household earnings in Sunset Strip are below the state average, which may affect long-term capital growth. Distance from major centres is a consideration, though regional markets can offer higher rental yields.
Map shows Sunset Strip, Victoria, Australia.
Official Australia Post postcode for Sunset Strip. A postcode may cover multiple suburbs.
Australia Post Postcode Finder โUsual resident population at census night. Source: ABS 2021 Census of Population and Housing.
ABS Census Data โWeekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.
State Rental Authority โAnnual median household income (before tax) for all households. Source: ABS 2021 Census.
ABS Census Data โStraight-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 Sunset Strip on My School โEstimated 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 โProportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.
ABS Census Data โAs a regional centre, Sunset Strip 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 $350/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,448/month.
Long-term holding in Sunset Strip requires careful assessment of local economic resilience.
Expect competitive but not exceptional rental returns in Sunset Strip's current market.
Limited buyer depth in Sunset Strip makes flip strategies higher-risk โ consider rental conversion instead.
Run the numbers on a Sunset Strip property
Scenario comparison, cash flow analysis, tax modelling, and PDF export โ all in one place.
Create free account โPrice movement in Sunset Strip is expected to be flat to modest in 2026, reflecting broader regional market conditions. The rental pipeline in Sunset Strip is thinner โ flexible lease terms could help secure tenants faster. Sunset Strip is not a headline market, but contrarian investors may see long-term potential.
Sunset Strip is a regional area in Victoria with a population of 503. The median rent is $350/week and the median household income is $52,468/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 Sunset Strip include regional employment hubs, lifestyle, and affordability. 59% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.
According to the ABS 2021 Census, Sunset Strip has a population of approximately 503. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.
Sunset Strip is approximately 80 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.