East Gippsland Shire Council
Mallacoota
Mallacoota at a glance
Median house
$613,000
Median unit
$182,160
Walk score
0
Very car dependent
Population
1,183
Median age 59
The brief
What to know about Mallacoota.
Mallacoota (3892) sits in the East Gippsland region of Victoria. The median house here is $613,000, below the Victoria median of around $850K.
Mallacoota has roughly 1,183 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.
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Day to day
What it’s like to live here.
Mallacoota 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.
Who lives here
Demographics.
The 2021 Census put Mallacoota's population at 1,183, with a median age of 59. That sits as a retiree-heavy demographic. Households are predominantly owner-occupied (78% own, 16% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (60% family households, 39% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
Population
1,183
Median age
59
Family households
60%
Lone person
39%
Demographics data as of May 2026· ABS 2021 Census
Houses change hands at $613,000 on a typical sale, below the Victoria median. Units come in around $182,160, roughly 70% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $123,000. Prices are below the Victoria median, which keeps Mallacoota on the radar for first-home buyers and right-sizers.
Market
The price of a home here.
Median house price
$613,000
+0.0% over the past year. Median unit price $182,160.
Sales data as of May 2026· sales-vic
Rental and ownership
Weekly rent (house)
$221/wk
Weekly rent (unit)
$221/wk
Owner occupied
78%
Renter occupied
16%
At a deeper level
$613,000
$182,160
1,183
Median age: 59
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For investors
Investment overview.
Gross rental yield on houses sits at 1.87% (median rent $221/wk against a $613,000 price tag). Units yield 6.31% gross, often the better cash-flow play for first-time investors. Renter share is modest (16%), 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 20261.87%
Based on $613,000 median
Gross Yield (Unit)
Source: Land Victoria / DTP · May 20266.31%
Based on $182,160 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 202678%
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.
27
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 Mallacoota.
Local schools for Mallacoota
View the catchment for each school to find out more.
Government School Catchment
Mallacoota P-12 College
© ACARA, licensed under CC BY 4.0.
Frequently asked
About Mallacoota.
- What is the median house price in Mallacoota?
- The median house price in Mallacoota, VIC 3892 is $613,000. The median unit price is $182,160. Annual growth is +0.0%.
- What is the Mallacoota postcode?
- Mallacoota is in the 3892 postcode, in VIC, in the East Gippsland Shire Council region.
- What is the average rent in Mallacoota?
- The median weekly rent for houses is $221, for units it's $221.
- What schools are in Mallacoota?
- There are 1 schools serving Mallacoota on this page, including Mallacoota P-12 College.
- How walkable is Mallacoota?
- Mallacoota has a Walk Score of 0 out of 100, highly car-dependent. transit score 0, bike score 0.
- What suburbs are near Mallacoota?
- Mallacoota is close to Gipsy Point, Genoa, Maramingo Creek, Wallagaraugh, Wangarabell.
- What is the population of Mallacoota?
- Mallacoota has approximately 1,183 residents. The median age is 59.
For Sale
Mallacoota
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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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