Phillip Island VIC Property Investment

Bass Coast · 3922

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Median House Price
N/A
Rental Yield
N/A
Vacancy Rate
N/A
Median Weekly Rent
N/A
Median Unit Price
N/A
Population (Census 2021)
10,118

Phillip Island Short-Term Rental (Airbnb) Market

Avg Nightly Rate
$250/night
Occupancy Rate
45%
Est. Annual Revenue
$41K

Estimate · Source: Inside Airbnb · as of 2026-Q1 · 580 active listings

Estimated revenue assumes year-round availability. Non-hosted short-stays are night-capped in some councils (e.g. 60 nights across most of Byron Shire, 180 in Ballina, Muswellbrook and parts of Greater Sydney) and levied in Victoria — the legal cap can cut achievable income well below this figure. Run STR Check for the rules on a specific address.

New dwellings approved
New dwellings approved, Bass Coast council area, 12 months to Aug 2026: 394. Source: ABS Building Approvals, Australia (cat. 8731.0). This is the whole council area, not just Phillip Island.

Suburb Metric Thresholds

2 green2 yellow2 red
Population growth 2016–21, postcode 3922 (ABS Census)
5.51 high impact
Median Household Income
1104 medium impact
Public Transport Score
No data medium impact
School Zone Quality
6.8 medium impact
Distance to CBD
140 medium impact
SEIFA Advantage/Disadvantage
4 medium impact
Owner Occupier Rate
71.8 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 3922

Most disadvantagedLeast disadvantaged

Decile 5 of 10 — Average

Population (suburb)

10,118

Education (IEO)

5/10

Econ. Resources (IER)

4/10

Schools

In your catchment

Cowes Primary School
PrimaryGovernment
6.4/10

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.

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