Omeo VIC Property Investment

East Gippsland · 3898

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Median House Price

$674K

As of 7 Nov 2026.

Rental Yield

N/A

Vacancy Rate

N/A

Median Weekly Rent

N/A

Median Unit Price

N/A

Population (Census 2021)

411

Omeo Short-Term Rental Market

Short-stay estimate: run a brief

New dwellings approved

New dwellings approved, East Gippsland council area, 12 months to Aug 2026: 387. Source: ABS Building Approvals, Australia (cat. 8731.0). This is the whole council area, not just Omeo.

Suburb Metric Thresholds

1 green2 yellow4 red

Population growth 2016–21, postcode 3898 (ABS Census)

-2.25 high impact

Median Household Income

1202 medium impact

Public Transport Score

2.1 medium impact

School Zone Quality

6.2 medium impact

Distance to CBD

245.9 medium impact

SEIFA Advantage/Disadvantage

4 medium impact

Owner Occupier Rate

77.4 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 3898

Most disadvantagedLeast disadvantaged

Decile 6 of 10 — Average

Population (suburb)

411

Education (IEO)

6/10

Econ. Resources (IER)

5/10

Schools

In your catchment

Omeo Primary School

PrimaryGovernment

6.2/10

Swifts Creek P-12 School

SecondaryGovernment

5.4/10

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.

Nearby Suburbs

Swifts Creek

VIC

19.4 km away

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Data sourced from ABS, state government property sales, and Airbnb market analytics. For informational purposes only — not financial advice.