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Suburb Insights ยท VIC 3726

Thoona 3726, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Thoona is a regional centre in Victoria, Australia, with a population of approximately 133, making it a boutique locality. Located approximately 191 km from the Melbourne CBD, Thoona is a regional area in Victoria. The median household income is $59,748 AUD per year (ABS 2021 Census).

Investment Score

26 / 100 Weak

Thoona's income profile suggests a value-oriented market with competitive purchase prices. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.

Location

Map shows Thoona, Victoria, Australia.

Key Indicators

Postcode
3726

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

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Population
133

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

ABS Census Data โ†’
Median Rent (weekly)
$149/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
$59,748/yr

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

ABS Census Data โ†’
Distance to CBD
191 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)
$932/mo

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

ABS Census Data โ†’
Dwelling Type
85% 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, Thoona 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 $149/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $932/month. 85% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

Long-term holding in Thoona requires careful assessment of local economic resilience.

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Rental Yield

Achieving strong cash flow in Thoona is challenging at current rent-to-price ratios.

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Renovation / Flip

Renovation or flip strategies in Thoona face headwinds from a smaller buyer pool and slower turnover.

Risk Factors

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Full Property Analysis

30-year projections for Thoona

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Thoona faces a cautious growth outlook for 2026 โ€” investors should focus on yield rather than short-term gains. Landlords in Thoona may face longer tenant search times; competitive pricing will be important. Investor sentiment toward Thoona is currently lukewarm โ€” value hunters may find opportunity here.

Frequently Asked Questions

Is Thoona a good suburb for investment?

Thoona is a regional area in Victoria with a population of 133. The median rent is $149/week and the median household income is $59,748/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 Thoona?

Key demand drivers in Thoona include regional employment hubs, lifestyle, and affordability. 85% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Thoona?

According to the ABS 2021 Census, Thoona has a population of approximately 133. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Thoona from the Melbourne CBD?

Thoona is approximately 191 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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