Hopetoun

POSTAL CODE: VIC, 3396
HOUSE

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $255,000.

The upward trend in home prices in HOPETOUN, 3396 averaged 11.64% per annum over a 3-year period.

Average weekly rents on listings have reached the N/A mark, reflecting a N/A increase in returns based on the current median price in HOPETOUN.

An average of 0.83 real estate transactions take place per month in HOPETOUN which translates to 10 per annum.

10 properties were sold in HOPETOUN in 2016, making it the 772nd most active market in VIC based on total real estate transactions.

HOPETOUN, 3396 places th in Australia based on median property value growth during the quarter.

Surburb overview

Hopetoun is a rural town in the Mallee region of north-western Victoria, about 390 kilometres north-west of Melbourne and approximately 125 kilometres north of Horsham. Located within Yarriambiack Shire, the town sits near the southern edge of Wyperfeld National Park. It serves the surrounding agricultural district, where broadacre grain production and sheep grazing are the primary industries. Hopetoun also functions as an important gateway to the region's natural attractions and national parks.

According to the 2021 Census, Hopetoun had a population of 739 people. The town has a well-established community with a demographic profile typical of regional Victoria, including a mix of families, retirees and residents employed in agriculture, tourism and local services.

Hopetoun is connected by the Henty Highway and other regional roads, providing access to Warracknabeal, Horsham, Ouyen and neighbouring communities across the Wimmera and Mallee. Public transport options are limited: most residents rely on private vehicles for daily travel, while regional V/Line coach services are available through surrounding centres.

The township provides a range of essential amenities, including a P–12 school, medical clinic, pharmacy, supermarket, cafés, hotels, sporting facilities and community services. Residents also have access to additional healthcare, major retail, government services and specialist medical care in Warracknabeal, Horsham and other larger regional centres.

Recreational opportunities are a defining feature of Hopetoun. The town provides convenient access to Wyperfeld National Park, where visitors can enjoy bushwalking, birdwatching, camping, four-wheel driving and seasonal wildflower displays. Lake Corrong offers opportunities for picnicking and passive recreation, while local sporting clubs support football, netball, cricket, golf, tennis and lawn bowls. Hopetoun also hosts community events throughout the year and serves as a popular base for exploring the broader Mallee region and nearby sections of the Wimmera Mallee Silo Art Trail.

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