Suburb Profile Report for Wendouree VIC (3355)

Wendouree House: Median price $247,000, Annual capital growth 2.96%, Number of sales 229, Weekly median advertised rent $260

Wendouree Unit: Median price $235,000, Annual capital growth 4.88%, Number of sales 39, Weekly median advertised rent $200

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Wendouree is in the bottom 20% in VIC when comparing median price capital growth over the last year. Wendouree gave property investors a dismal capital gain figure when compared to the rest of the state, with 0.00%.

If we look at median property appreciation over just the last three months, Wendouree has given property investors a paper return of 0.00%. This puts Suburb as 548 on a list of fastest fasting appreciating suburbs in VIC

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Wendouree, 3355. Typically our figures indicate that -5.94% is being offered, which puts this VIC suburb at 1740th most discounted overall in Australia.

On average over the past year, suburb has had 19.08 sales per month, which equates to 229 per year.

Renters in Suburb are facing rents around $3120 per annum or $260 every week.

At number 1140th in the list of Australian suburbs ordered by increase in median house value over the last year, Wendouree, 3355 is in the BOTTOM 40% with a property value increase of -0.42% recorded in median house prices.

A 6.82% growth in median value for property investors in Wendouree,3355 puts this suburb at number 299th in terms of best performing suburbs in VIC

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Wendouree, 3355. Typically our figures indicate that -5.25% is being offered, which puts this VIC suburb at 659th most discounted overall in Australia.

The VIC suburb of Wendouree, 3355 is in the Ballarat local government area.

Metrics i HOUSE UNIT
$247,000 $235,000
0.00% -2.11%
0.00% -0.42%
2.96% 4.88%
$260 $200
229 39
5.47% 4.43%
74.88 72.34

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 10597
Median household income ($/weekly) 731
Median age of persons 41
Median housing loan repayment ($/monthly) 1100
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 1199 11.3
    35-44 years 1219 11.5
    45-54 years 1185 11.2
    55-64 years 1205 11.4
    65-74 years 1172 11.1
    Others 4617 43.6
    Age Group
    Census Count Percent(%)
    Not Married 3896 51.1
    Registered Married 3029 39.7
    Defacto Relationship 697 9.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 9150 91.9
    Indonesia 47 0.5
    New Zealand 81 0.8
    United Kingdom 280 2.8
    Other 88 0.9
    Others 310 3.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 48 0.5
    Christianity 6435 68.3
    Hinduism 37 0.4
    Other Religious Groups 43 0.5
    No Religion 2833 30.1
    Others 29 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 542 13.8
    $400-$599 711 18.1
    $600-$799 624 15.9
    $800-$999 440 11.2
    $1,000-$1,249 396 10.1
    Others 1216 30.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 4088 50.7
    Employed, worked full-time 2100 26.1
    Employed, worked part-time 1254 15.6
    Unemployed, looking for work 346 4.3
    Employed, away from work 271 3.4
    Person Characteristics
  • Census Count Percent(%)
    Professionals 464 12.8
    Technicians & trades workers 609 16.8
    Clerical & administrative workers 476 13.1
    Sales 402 11.1
    Labourers 617 17.0
    Others 1058 29.2
    Occupation
    Census Count Percent(%)
    Pre-school 175 8.3
    Infants/Primary 733 34.7
    Secondary 710 33.6
    Technical or Further Educational Institution 173 8.2
    University or other Tertiary Institutions 230 10.9
    Others 93 4.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 8794 91.2
    Flat, unit or apartment 437 4.5
    Semi-detached, row or terrace house, townhouse 405 4.2
    House or flat attached to a shop, office 4 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1595 38.0
    Rented 1593 38.0
    Being purchased 983 23.4
    Other tenure type 21 0.5
    Tenure Type
Census 2011, ABS
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Recent sales & rentals