Corangamite Shire Council
Peterborough
Peterborough at a glance
Median house
$650,000
Median unit
$221,760
Walk score
0
Very car dependent
Population
322
Median age 54
The brief
What to know about Peterborough.
Peterborough (3270) sits in the Corangamite region of Victoria. The median house here is $650,000, below the Victoria median of around $850K.
Peterborough has roughly 322 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.
Side by side
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Median, growth, schools, walkability, all in one view.
Day to day
What it’s like to live here.
Peterborough 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.
Schooling within or near the suburb covers 1 government primary.
Who lives here
Demographics.
The 2021 Census put Peterborough's population at 322, with a median age of 54. That sits as a retiree-heavy demographic.
Population
322
Median age
54
Family households
–
Lone person
–
Houses change hands at $650,000 on a typical sale, below the Victoria median. Units come in around $221,760, roughly 66% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $130,000. Prices are below the Victoria median, which keeps Peterborough on the radar for first-home buyers and right-sizers.
Market
The price of a home here.
Median house price
$650,000
+0.0% over the past year. Median unit price $221,760.
Sales data as of May 2026· sales-vic
Rental and ownership
Weekly rent (house)
$275/wk
Weekly rent (unit)
$234/wk
Owner occupied
–
Renter occupied
–
At a deeper level
$650,000
$221,760
322
Median age: 54
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For investors
Investment overview.
Gross rental yield on houses sits at 2.20% (median rent $275/wk against a $650,000 price tag). Units yield 5.49% gross, often the better cash-flow play for first-time investors.
Gross Yield (House)
Source: Land Victoria / DTP · May 20262.20%
Based on $650,000 median
Gross Yield (Unit)
Source: Land Victoria / DTP · May 20265.49%
Based on $221,760 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–
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.
24
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 Peterborough.
Local schools for Peterborough
View the catchment for each school to find out more.
Government School Catchment
Timboon P-12 School
Nullawarre and District Primary School
© ACARA, licensed under CC BY 4.0.
Frequently asked
About Peterborough.
- What is the median house price in Peterborough?
- The median house price in Peterborough, VIC 3270 is $650,000. The median unit price is $221,760. Annual growth is +0.0%.
- What is the Peterborough postcode?
- Peterborough is in the 3270 postcode, in VIC, in the Corangamite Shire Council region.
- What is the average rent in Peterborough?
- The median weekly rent for houses is $275, for units it's $234.
- What schools are in Peterborough?
- There are 2 schools serving Peterborough on this page, including Timboon P-12 School, Nullawarre and District Primary School.
- How walkable is Peterborough?
- Peterborough has a Walk Score of 0 out of 100, highly car-dependent. transit score 0, bike score 0.
- What suburbs are near Peterborough?
- Peterborough is close to Heytesbury Lower, Timboon West, Curdie Vale, Curdievale, Port Campbell.
- What is the population of Peterborough?
- Peterborough has approximately 322 residents. The median age is 54.
For Sale
Peterborough
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Side by side
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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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