Dimboola

POSTAL CODE: VIC, 3414
HOUSE

Based on its average 5-year and quarterly capital gains DIMBOOLA, 3414 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that DIMBOOLA, 3414 obtained a 13.27% growth over a ten-year period. It ranks 3804th on our list of suburbs that property investors should look into.

DIMBOOLA, 3414 in VIC belongs to the local government area of Hindmarsh.

DIMBOOLA, 3414 has a capital gain of 26.15% for the past year, which is higher than average compared to its 98.79% growth within a five-year period.

With the median home price in DIMBOOLA sitting at $328,000, and the average rent at N/A, property owners could potentially earn a N/A increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in DIMBOOLA are low, as opposed to average gains per annum over the past five years.

Surburb overview

Dimboola is a rural township in the Wimmera region of western Victoria, about 335 kilometres north-west of Melbourne and approximately 38 kilometres west of Horsham. Situated within the Shire of Hindmarsh on the banks of the Wimmera River, the township serves as an important service centre for the surrounding agricultural district. Grain cropping, sheep grazing and transport-related industries contribute significantly to the local economy, while its river setting and nearby natural attractions support tourism and recreation.

According to the 2021 Census, Dimboola had a population of 1,681 people. The township has a well-established community comprising farming families, long-term residents, professionals, retirees and people employed in local businesses and public services. Its role as a regional centre supports a diverse range of community organisations, sporting clubs and cultural activities.

Dimboola is well connected by the Western Highway, providing direct road access to Horsham, Nhill, Ballarat and Melbourne. The Dimboola railway station also serves the township on the Melbourne–Adelaide rail corridor, with V/Line passenger services connecting residents to Melbourne, Horsham and other regional destinations. Local roads provide access to surrounding farming communities across the Wimmera.

The township offers a comprehensive range of essential services, including supermarkets, cafés, hotels, primary and secondary schools, childcare, medical services, aged care, banking, a library and community facilities. Residents also have access to sporting reserves, a swimming pool and local government services. For some specialist healthcare and higher education, residents may travel to Horsham, where Wimmera Base Hospital and additional professional services are available.

Dimboola is well known for its natural environment, particularly the Wimmera River, which provides opportunities for kayaking, fishing, canoeing, walking and picnicking along scenic riverfront reserves. The township is also close to the Little Desert National Park, offering bushwalking, camping, birdwatching and four-wheel driving through diverse native landscapes. Local festivals, sporting competitions and cultural events contribute to an active community calendar throughout the year.

You’re out of free articles for this month
Loading form...