Peterborough
Suburb profile, market snapshot and recent listings for Peterborough, VIC 3270.
About Peterborough
Welcome to Peterborough
Peterborough is a tiny coastal settlement on Victoria's Great Ocean Road, tucked between the Bay of Islands Coastal Park and the Curdies River inlet in the state's south-west. It's the kind of place that trades footpaths and traffic lights for cliff walks and river mouths, and it draws people who want a genuine sea-change rather than a lifestyle suburb with a beach view attached.
With a population of just 322 and a median age of 54, Peterborough is more settled retreat than boomtown. It suits retirees, holiday-home buyers and those chasing a quiet, low-density coastal base within reach of the Great Ocean Road's better-known towns, rather than families needing schools, shops and services on the doorstep.
Lifestyle & dining
Life in Peterborough revolves around the coastline. The Bay of Islands Coastal Park sits right at the town's edge, offering dramatic cliff-top walks, secluded beaches and some of the most photographed scenery on the Great Ocean Road. The Curdies River, which meets the sea here, is popular for fishing, kayaking and quiet river-side picnics.
Dining options within the township itself are limited given its size, and most residents head along the coast to nearby Port Campbell for cafes, pubs and takeaway, or further afield to Warrnambool for a bigger night out. That trade-off — fewer amenities in exchange for uncrowded beaches and open horizons — is very much the point of living in Peterborough.
Shopping
Peterborough doesn't offer a shopping strip of its own, and locals generally do their day-to-day shopping in Port Campbell or make the longer trip into Warrnambool for supermarkets, specialty stores and larger retail needs. For a town this size, that reliance on neighbouring centres is expected, and many residents see the drive as a reasonable price for the seclusion on offer.
Getting around
The Great Ocean Road runs directly through the area, linking Peterborough to Port Campbell, Warrnambool to the west and the string of coastal towns heading east towards Apollo Bay and beyond. There's no train line this far along the coast, so a car is essential for almost everything — commuting, shopping, school runs for any families in the area, and simply getting to the next town.
Warrnambool, the region's main service hub, is the practical base for most day-to-day errands, while the coastal road itself, though scenic, can be slow going in parts, so travel times should be built in generously, especially in peak tourist season.
Schools & families
Peterborough is not set up as a family suburb in the conventional sense — there's no local school, and with a median age of 54, the demographic here skews well towards retirees and older couples. Families in the district typically send children to schools in Port Campbell, Timboon or Warrnambool, with the daily drive factored into life on this stretch of coast.
Housing & architecture
The property mix in Peterborough reflects its status as a small, holiday-oriented coastal community. Vacant land makes up the largest share of current listings at 52%, followed by houses at 38%, with apartments/units and townhouses each accounting for around 5%. This points to a market where buying a block and building a coastal retreat is just as common, if not more so, than purchasing an existing home — and where multi-unit or higher-density housing is very much the exception rather than the rule.
Homes that do exist tend toward low-key coastal design: modest footprints, weatherboard or timber-clad exteriors, and an emphasis on outlook over ornament, in keeping with the town's understated character.
The property market
Peterborough's small scale means its property market moves differently to larger coastal towns — sales volumes are naturally low, and the dominance of land listings (52% of the current mix) suggests strong interest in building rather than buying established stock. With houses making up 38% of listings and apartments and townhouses each sitting at just 5%, buyers are overwhelmingly choosing land and standalone homes over higher-density options, reinforcing Peterborough's identity as a low-rise, low-density coastal escape rather than a unit or investment-style market.
Who lives here
Demographics
ABS Census 2021 figures for Peterborough, VIC 3270.
Population
322
residents (2021)
Median age
54
years
Household income
$1,383
median, per week
Median rent
$275
per week
Median mortgage
$1,400
per month
Mortgage / income
23%
comfortable
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.
Recent results
Recently sold in Peterborough
$525k
29 Merrett Street
Sold ~July 2026
$575k
67 Merrett Street
Sold ~July 2026
Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.
Explore the area
Properties & amenities in Peterborough
Compare the area
Price map around Peterborough
Every listing for sale near Peterborough, coloured by price — so you can see how it stacks up against the streets and suburbs next door.
Loading price map…
Common questions
Peterborough suburb FAQ
Is Peterborough a good place to live?
Peterborough is a town on the Great Ocean Road in Victoria, Australia, approximately three hours' drive from Melbourne. Peterborough is an established residential suburb in VIC, with a population of around 322.
What is the population of Peterborough?
Peterborough has a population of 322 (ABS 2021 Census), with a median age of 54.
Fresh to market
New this week in Peterborough
Available now