Casterton at a glance
Median house
$269,000
Median unit
$110,880
Walk score
4
Very car dependent
Population
1,673
Median age 58
The brief
What to know about Casterton.
The postcode for Casterton is 3311 (VIC).
The median house price in Casterton is $269,000.
Casterton (3311) sits in the Glenelg region of Victoria. The median house here is $269,000, well below the Victoria median of around $850K.
Casterton has roughly 1,673 residents, with a retiree-heavy demographic. Households are predominantly owner-occupied. Daily life is car-dependent: most residents drive to work, school and the shops.
Day to day
What it’s like to live here.
Casterton scores 4/100 on walkability, which makes it car-dependent with limited public transport. Plan for two cars in a typical household, especially if work isn't local.
Schooling within or near the suburb covers 1 government primary, 1 government secondary, 1 Catholic.
Who lives here
Demographics.
The 2021 Census put Casterton's population at 1,673, with a median age of 58. That sits as a retiree-heavy demographic. Households are predominantly owner-occupied (79% own, 14% rent), which shapes everything from school catchment stability to how often properties turn over. Lone-person households are notable here (42%), often a marker of unit-heavy stock and walkable infrastructure.
Population
1,673
Median age
58
Family households
55%
Lone person
42%
Demographics data as of May 2026· ABS 2021 Census
Houses change hands at $269,000 on a typical sale, well below the Victoria median. Units come in around $110,880, roughly 59% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $54,000. Prices are well below the Victoria median, which keeps Casterton on the radar for first-home buyers and right-sizers.
Market
The price of a home here.
Median house price
$269,000
+0.0% over the past year. Median unit price $110,880.
Sales data as of May 2026· sales-vic
Rental and ownership
Weekly rent (house)
$160/wk
Weekly rent (unit)
$160/wk
Owner occupied
79%
Renter occupied
14%
At a deeper level
$269,000
$110,880
1,673
Median age: 58
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For investors
Investment overview.
Gross rental yield on houses sits at 3.09% (median rent $160/wk against a $269,000 price tag). Units yield 7.50% gross, often the better cash-flow play for first-time investors. Renter share is modest (14%), so the rental pool is smaller and tenant demand can be patchier than in higher-density suburbs.
Gross Yield (House)
Source: Land Victoria / DTP · May 20263.09%
Based on $269,000 median
Gross Yield (Unit)
Source: Land Victoria / DTP · May 20267.50%
Based on $110,880 median
Annual Growth (House)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Annual Growth (Unit)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Owner Occupancy
Source: ABS Census 2021 · May 202679%
Higher = more owner-occupier demand
Days on Market
Source: Land Victoria / DTP · May 2026–
Lower = higher buyer demand
Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.
Safety
Crime and safety.
100
total offences in 2025
Top offence categories
Crime statistics are reported at LGA level and may cover a broader area than this suburb.
Source: State Police Open Data
Crime data as of December 2025· State Police Open Data
Getting around
Walkability.
4
0
0
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Education
Schools in Casterton.
Local schools for Casterton
View the catchment for each school to find out more.
Government School Catchment
Casterton Primary School
Casterton Secondary College
Non-Government Schools
Sacred Heart School
© ACARA, licensed under CC BY 4.0.
Frequently asked
About Casterton.
- What is the median house price in Casterton?
- The median house price in Casterton, VIC 3311 is $269,000. The median unit price is $110,880.
- What is the Casterton postcode?
- Casterton is in the 3311 postcode, in VIC, in the Glenelg Shire Council region.
- Where is Casterton?
- Casterton is a regional suburb in VIC, postcode 3311, in the Glenelg Shire Council region.
- What is the average rent in Casterton?
- The median weekly rent for houses is $160, for units it's $160.
- What schools are in Casterton?
- There are 3 schools serving Casterton on this page, including Casterton Primary School, Sacred Heart School, Casterton Secondary College.
- How walkable is Casterton?
- Casterton has a Walk Score of 4 out of 100, highly car-dependent. transit score 0, bike score 0.
- What suburbs are near Casterton?
- Casterton is close to Sandford, Dunrobin, Corndale, Wando Vale, Lindsay.
- What is the population of Casterton?
- The population of Casterton is approximately 1,673 (2021 Census). The median age is 58.
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Sources cited
Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →
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