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Suburb Insights ยท VIC 3037

Sydenham 3037, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Sydenham is a well-established middle-ring suburb of Melbourne, Australia, with a population of approximately 10,578, making it a smaller community. Located approximately 22 km from the Melbourne CBD, Sydenham is a middle ring area in Victoria. The median household income is $94,276 AUD per year (ABS 2021 Census).

Investment Score

68 / 100 Good

Sydenham benefits from a high-income resident base, supporting premium property pricing.

Location

Map shows Sydenham, Victoria, Australia.

Key Indicators

Postcode
3037

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

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Population
10,578

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

ABS Census Data โ†’
Median Rent (weekly)
$369/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
$94,276/yr

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

ABS Census Data โ†’
Distance to CBD
22 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
3

Estimated 3 schools within or near this suburb based on ABS 2021 data.

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Parks & green spaces
4

Estimated 4 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,680/mo

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

ABS Census Data โ†’
Dwelling Type
62% 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

Sydenham's middle-ring location balances affordability with accessibility. These suburbs often benefit from established infrastructure, good schools, and transport links โ€” making them attractive to families and long-term tenants. The median rent of $369/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,680/month. The median household income of $94,276/year reflects a solid demographic, supporting sustainable rental demand.

Investment Strategy

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Buy & Hold

With robust local demand and income levels, Sydenham is a natural candidate for patient investors.

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Rental Yield

Expect competitive but not exceptional rental returns in Sydenham's current market.

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Renovation / Flip

Renovation projects in Sydenham can capture the gap between unrenovated and updated property prices.

Risk Factors

Run the numbers on a Sydenham property

Full Property Analysis

30-year projections for Sydenham

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

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2026 Outlook

Growth: Strong Rental Demand: Moderate Investor Sentiment: Moderate

Sydenham is well-positioned for continued price appreciation through 2026, underpinned by high household incomes and location appeal. Tenants in Sydenham have options โ€” presenting well-maintained properties is key to minimising vacancy. Sydenham offers measured appeal for investors willing to look beyond headline metrics.

Frequently Asked Questions

Is Sydenham a good suburb for investment?

Sydenham is a middle ring area in Victoria with a population of 10,578. The median rent is $369/week and the median household income is $94,276/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 Sydenham?

Key demand drivers in Sydenham include established amenities and transport access. 62% of dwellings are separate houses. The area has approximately 3 schools and 4 parks nearby.

What is the population of Sydenham?

According to the ABS 2021 Census, Sydenham has a population of approximately 10,578. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Sydenham from the Melbourne CBD?

Sydenham is approximately 22 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). This is within comfortable commuting range with good transport links.

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