Mansfield Shire Council
Licola
Licola at a glance
Median house
$248,000
Median unit
$178,560
Walk score
0
Very car dependent
Population
7
Median age 63
About
Welcome to Licola.
Licola (3858) sits in the Mansfield region of Victoria. The median house here is $248,000, well below the Victoria median of around $850K.
Licola has roughly 7 residents, with a retiree-heavy demographic. Households are dominated by renters. Daily life is car-dependent: most residents drive to work, school and the shops.
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Houses change hands at $248,000 on a typical sale, well below the Victoria median. Units come in around $178,560, roughly 28% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $50,000. Prices are well below the Victoria median, which keeps Licola on the radar for first-home buyers and right-sizers.
Market
The price of a home here.
Median house price
$248,000
+0.0% over the past year. Median unit price $178,560.
Rental and ownership
Weekly rent (house)
$216/wk
Weekly rent (unit)
$20/wk
Owner occupied
–
Renter occupied
–
At a deeper level
$248,000
$178,560
7
Median age: 63
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For investors
Investment overview.
Gross rental yield on houses sits at 4.53% (median rent $216/wk against a $248,000 price tag). Units yield 0.58% gross, often the better cash-flow play for first-time investors.
Gross Yield (House)
Source: RTBA, Residential Tenancies Bond Authority (VIC)4.53%
Based on $248,000 median
Gross Yield (Unit)
Source: RTBA, Residential Tenancies Bond Authority (VIC)0.58%
Based on $178,560 median
Annual Growth (House)
Source: RTBA, Residential Tenancies Bond Authority (VIC)–
Year-on-year capital growth
Annual Growth (Unit)
Source: RTBA, Residential Tenancies Bond Authority (VIC)–
Year-on-year capital growth
Owner Occupancy
Source: ABS Census 2021 · May 2026–
Higher = more owner-occupier demand
Days on Market
Source: RTBA, Residential Tenancies Bond Authority (VIC)–
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.
Who lives here
Demographics.
The 2021 Census put Licola's population at 7, with a median age of 63. That sits as a retiree-heavy demographic. Lone-person households are notable here (100%), often a marker of unit-heavy stock and walkable infrastructure.
Population
7
Median age
63
Family households
–
Lone person
100%
Demographics data as of May 2026· ABS 2021 Census
Day to day
What it’s like to live here.
Licola scores 0/100 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.
Safety
Crime and safety.
5
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.
0
0
0
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Education
Schools in Licola.
Frequently asked
About Licola.
- What is the median house price in Licola?
- The median house price in Licola, VIC 3858 is $248,000. The median unit price is $178,560. Annual growth is +0.0%.
- What is the Licola postcode?
- Licola is in the 3858 postcode, in VIC, in the Mansfield Shire Council region.
- What is the average rent in Licola?
- The median weekly rent for houses is $216, for units it's $20.
- How walkable is Licola?
- Licola has a Walk Score of 0 out of 100, highly car-dependent. transit score 0, bike score 0.
- What suburbs are near Licola?
- Licola is close to Licola North, Crookayan, Sargood, Glenfalloch, Glen Falloch.
- What is the population of Licola?
- Licola has approximately 7 residents. The median age is 63.
Licola
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Surrounding Suburbs
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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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