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Suburb Insights ยท VIC 3984

Tenby Point 3984, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Tenby Point is a regional centre in Victoria, Australia, with a population of approximately 206, making it a boutique locality. Located approximately 80 km from the Melbourne CBD, Tenby Point is a regional area in Victoria. The median household income is $66,872 AUD per year (ABS 2021 Census).

Investment Score

33 / 100 Weak

Lower income levels in Tenby Point typically translate to more affordable entry points for investors. Distance from major centres is a consideration, though regional markets can offer higher rental yields.

Location

Map shows Tenby Point, Victoria, Australia.

Key Indicators

Postcode
3984

Official Australia Post postcode for Tenby Point. A postcode may cover multiple suburbs.

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Population
206

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

ABS Census Data โ†’
Median Rent (weekly)
$325/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
$66,872/yr

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

ABS Census Data โ†’
Distance to CBD
80 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)
$1,387/mo

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

ABS Census Data โ†’
Dwelling Type
69% 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, Tenby Point 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 $325/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,387/month.

Investment Strategy

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Buy & Hold

A buy-and-hold approach in Tenby Point could work well with careful property selection and a longer time horizon.

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Rental Yield

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

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Renovation / Flip

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

Risk Factors

Run the numbers on a Tenby Point property

Full Property Analysis

30-year projections for Tenby Point

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

Capital growth in Tenby Point may remain subdued in 2026, with limited demand drivers in the near term. The rental pipeline in Tenby Point is thinner โ€” flexible lease terms could help secure tenants faster. Sentiment is subdued, though improving local conditions could shift perceptions over time.

Frequently Asked Questions

Is Tenby Point a good suburb for investment?

Tenby Point is a regional area in Victoria with a population of 206. The median rent is $325/week and the median household income is $66,872/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 Tenby Point?

Key demand drivers in Tenby Point include regional employment hubs, lifestyle, and affordability. 69% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Tenby Point?

According to the ABS 2021 Census, Tenby Point has a population of approximately 206. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Tenby Point from the Melbourne CBD?

Tenby Point 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.

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