Located in Victoria within the Bass Coast local government area, Surf Beach is a small community (postcode 3922). It is home to about 670 residents, with a settled, mature resident base and a median age of 46. Households earn a median income of $74K per year, with an average household size of 2.3 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +2.1% year-on-year at the LGA level. VIC employment has moved +0.8% 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, technicians & trades, community & personal service. Employment in the area leans toward construction and education. The top ancestries reported are Australian, English, Irish.
Surf Beach has a median house price of $717,000, which has declined steeply by 11% year-on-year. The current median weekly rent is $480. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $1,433.
Public transport access includes 2 bus stops. The crime rate in the Bass Coast LGA is higher than average at 8,064 incidents per 100,000 population.
From an investment perspective, Surf Beach shows a gross rental yield of approximately 3.5%, rated as moderate yield. Property prices are near the state median ($717K/$850K). The price-to-income ratio of 9.7x is considered moderate. House prices have moved -11.0% year-on-year. Population growth of +2.1% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.