Boolarra VIC Property Investment

Latrobe (Vic.) · 3870

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Median House Price

$440K

As of 7 Nov 2026.

Rental Yield

N/A

Vacancy Rate

N/A

Median Weekly Rent

N/A

Median Unit Price

$494K

As of 7 Nov 2026.

Population (Census 2021)

1,023

Boolarra Short-Term Rental Market

Short-stay estimate: run a brief

Price growth (10-yr, to Dec 2025)

8.1%/yr

houses, median sale price, annualised · 10-yr, to Dec 2025 · Source: Recorded sales medians

New dwellings approved

New dwellings approved, Victoria, whole state, 12 months to Aug 2026: 57,002. Source: ABS Building Approvals, Australia (cat. 8731.0). This is the whole state, not just Boolarra.

Suburb Metric Thresholds

1 green3 yellow3 red

Population growth 2016–21, postcode 3870 (ABS Census)

0.74 high impact

Median Household Income

1219 medium impact

Public Transport Score

1.3 medium impact

School Zone Quality

5.6 medium impact

Distance to CBD

130.48 medium impact

SEIFA Advantage/Disadvantage

4 medium impact

Owner Occupier Rate

88.1 medium impact

Macro Environment

Macro Indicators

Cash Rate

4.85%

▲ 0.25%

Cash rate 4.85% as at 2026-11-04 (effective date) · Source: RBA cash rate target · Credit data 2026-08

Socio-Economic Profile

Source: ABS Census 2021

SEIFA Index · Postcode 3870

Most disadvantagedLeast disadvantaged

Decile 5 of 10 — Average

Population (suburb)

1,023

Education (IEO)

5/10

Econ. Resources (IER)

5/10

Schools

In your catchment

Boolarra Primary School

PrimaryGovernment

5.6/10

Mirboo North Secondary College

SecondaryGovernment

6/10

These are the government-school zones containing this suburb centroid. Specific addresses within the suburb may fall in different catchments — confirm with the school directly.