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Suburb Insights ยท VIC 3562

Torrumbarry 3562, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Torrumbarry is a regional centre in Victoria, Australia, with a population of approximately 257, making it a boutique locality. Located approximately 200 km from the Melbourne CBD, Torrumbarry is a regional area in Victoria. The median household income is $92,248 AUD per year (ABS 2021 Census).

Investment Score

43 / 100 Moderate

Strong household incomes in Torrumbarry underpin solid property demand. Distance from major centres is a consideration, though regional markets can offer higher rental yields.

Location

Map shows Torrumbarry, Victoria, Australia.

Key Indicators

Postcode
3562

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

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Population
257

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

ABS Census Data โ†’
Median Rent (weekly)
$200/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
$92,248/yr

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

ABS Census Data โ†’
Distance to CBD
200 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)
$1,767/mo

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

ABS Census Data โ†’
Dwelling Type
67% 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, Torrumbarry 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 $200/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,767/month. The median household income of $92,248/year reflects a solid demographic, supporting sustainable rental demand.

Investment Strategy

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Buy & Hold

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

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Rental Yield

Rental yields in Torrumbarry tend to be lower โ€” investors may need to rely on capital growth instead.

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Renovation / Flip

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

Risk Factors

Run the numbers on a Torrumbarry property

Full Property Analysis

30-year projections for Torrumbarry

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital growth in Torrumbarry may remain subdued in 2026, with limited demand drivers in the near term. The rental pipeline in Torrumbarry 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 Torrumbarry a good suburb for investment?

Torrumbarry is a regional area in Victoria with a population of 257. The median rent is $200/week and the median household income is $92,248/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 Torrumbarry?

Key demand drivers in Torrumbarry include regional employment hubs, lifestyle, and affordability. 67% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Torrumbarry?

According to the ABS 2021 Census, Torrumbarry has a population of approximately 257. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Torrumbarry from the Melbourne CBD?

Torrumbarry is approximately 200 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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