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Edenhope

POSTAL CODE: VIC, 3318
HOUSE
EDENHOPE ranks 249th in VIC when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of -9.09% for the past year is lower than average compared to its 87.5% growth within a five-year period.

Also in EDENHOPE, the median home price is sitting at $300,000, and the average rent at N/A, this suggests property owners could potentially earn a N/A increase in gross rental yield.

Property investors have seen a 5.26% gain in EDENHOPE based on an increase in median home prices for the past three months.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 13.32% growth over a ten-year period. It ranks 3801st on our list of suburbs that property investors should look into.

Surburb overview

Edenhope is a regional township in Victoria’s Wimmera region within the West Wimmera Shire, located approximately 95 kilometres west of Horsham, 55 kilometres south of Nhill and around 380 kilometres north-west of Melbourne’s CBD. Situated near the South Australian border and alongside Lake Wallace, Edenhope serves as an important service centre for surrounding rural communities and agricultural enterprises. The town’s location within a landscape of lakes, wetlands and productive farmland contributes to both its agricultural significance and recreational appeal.

According to the 2021 Census, Edenhope had a population of 828. The township supports a diverse community that includes families, retirees, agricultural workers and residents employed in education, healthcare and local services. Housing is predominantly detached dwellings, reflecting the town’s regional character and established residential areas. The population profile is generally older than the Victorian average, a common characteristic of many regional communities across western Victoria.

Agriculture remains the foundation of the local economy, with sheep grazing, wool production, beef cattle farming and grain cropping supporting employment throughout the district. Edenhope also functions as a commercial and service hub for nearby farming localities, providing retail businesses, professional services and community facilities. The town is home to healthcare services, schools and government agencies that support residents across the wider West Wimmera region.

Road transport is the principal means of travel, with residents relying on private vehicles to access employment, education and services. Public transport options are limited, although regional coach services connect the township with Horsham and other regional centres. Major road links provide access to both western Victoria and south-eastern South Australia.

Lake Wallace is a prominent recreational feature, offering opportunities for fishing, walking, birdwatching and passive recreation. The surrounding district includes several wetlands and conservation areas that attract visitors interested in wildlife and nature-based activities. Community facilities include sporting grounds, parks, educational institutions and local organisations that support a range of cultural and recreational pursuits. Annual events, agricultural activities and sporting competitions contribute to the town’s community life and regional identity.

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