Elliminyt (postcode 3250) is a compact suburb in Victoria within the Colac Otway local government area. The area has roughly 3,260 residents and an established family demographic, with a median age of 41. Households earn a median income of $94K per year, with an average household size of 2.7 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.0% year-on-year at the LGA level. VIC employment has moved +0.9% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. VIC also had 41 Commonwealth-backed major projects under construction, 18 underway, and 24 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, labourers, technicians & trades. Employment in the area leans toward manufacturing and healthcare. The top ancestries reported are Australian, English, Irish.
The median house price in Elliminyt is $575,000, having declined steeply by 23.3% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 4.1%. The median monthly mortgage repayment is $1,600.
Elliminyt is served by 2 schools, including 2 primary. The average ICSEA score is 1010, which is around the national average of 1,000. Public transport access includes 17 bus stops. The crime rate in the Colac Otway LGA is higher than average at 8,804 incidents per 100,000 population.
From an investment perspective, The gross rental yield works out to roughly 4.1%, which reads as moderate yield. Property prices sit below the state median ($575K/$850K), which can point to relative value. The price-to-income ratio of 6.1x is considered moderate. House prices have moved -23.3% year-on-year. Population growth of +0.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.