Poowong VIC Property Investment

South Gippsland · 3988

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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

$387K

As of 7 Nov 2026.

Population (Census 2021)

717

Poowong Short-Term Rental Market

Short-stay estimate: run a brief

New dwellings approved

New dwellings approved, South Gippsland council area, 12 months to Aug 2026: 170. Source: ABS Building Approvals, Australia (cat. 8731.0). This is the whole council area, not just Poowong.

Suburb Metric Thresholds

2 green3 yellow1 red

Population growth 2016–21, postcode 3988 (ABS Census)

1.83 high impact

Median Household Income

1618 medium impact

Public Transport Score

No data medium impact

School Zone Quality

5.7 medium impact

Distance to CBD

91.11 medium impact

SEIFA Advantage/Disadvantage

7 medium impact

Owner Occupier Rate

83.9 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 2026-09

Socio-Economic Profile

Source: ABS Census 2021

SEIFA Index · Postcode 3988

Most disadvantagedLeast disadvantaged

Decile 8 of 10 — Low disadvantage

Population (suburb)

717

Education (IEO)

6/10

Econ. Resources (IER)

9/10

Schools

In your catchment

Poowong Consolidated School

PrimaryGovernment

5.7/10

Korumburra Secondary College

SecondaryGovernment

5.6/10

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.