Suburb Profile Report for Wangaratta VIC (3677)

Wangaratta House: Median price $272,250, Annual capital growth 2.46%, Number of sales 350, Weekly median advertised rent $280

Wangaratta Unit: Median price $220,000, Annual capital growth 2.20%, Number of sales 48, Weekly median advertised rent $220

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Wangaratta have tracked lower than the VIC average of 9.04% over the last 12 months.

While Wangaratta,3677 ranked number 477th in VIC for increase in median house value (annualised) increase, it is ranked 488th over the last 5 years.

Sellers are offering property buyers an average discount of -4.61% to buyers in Wangaratta at the moment, which is less than average for the rest of VIC.

Renters in Suburb are facing rents around $3360 per annum or $280 every week.

Property value increases in Wangaratta have tracked close to the VIC average of 4.28% over the last 12 months.

While Wangaratta,3677 ranked number 51th in VIC for increase in median house value (annualised) increase, it is ranked 241th over the last 5 years.

Our latest figures would indicate that property sellers in Wangaratta are currently offering property investors an average price cut of -5.37% below the asking price at the moment.

Renters in Suburb are facing rents around $2640 per annum or $220 every week.

Metrics i HOUSE UNIT
$272,250 $220,000
0.83% 6.02%
-0.64% 5.26%
2.46% 2.20%
$280 $220
350 48
5.35% 5.20%
69.91 67.42

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 17171
Median household income ($/weekly) 845
Median age of persons 41
Median housing loan repayment ($/monthly) 1300
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 2162 12.6
    25-34 years 1962 11.4
    35-44 years 2131 12.4
    45-54 years 2158 12.6
    55-64 years 2037 11.9
    Others 6720 39.1
    Age Group
    Census Count Percent(%)
    Registered Married 5848 46.9
    Not Married 5600 44.9
    Defacto Relationship 1031 8.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 14959 91.6
    Japan 267 1.6
    Papua New Guinea 117 0.7
    United Kingdom 330 2.0
    Other 151 0.9
    Others 508 3.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 109 0.7
    Christianity 11636 74.7
    Islam 38 0.2
    Other Religious Groups 41 0.3
    No Religion 3723 23.9
    Others 32 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 728 11.5
    $400-$599 969 15.3
    $600-$799 828 13.0
    $800-$999 661 10.4
    $1,500-$1,999 690 10.9
    Others 2476 39.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 5249 39.8
    Employed, worked full-time 4391 33.3
    Employed, worked part-time 2567 19.5
    Employed, away from work 522 4.0
    Unemployed, looking for work 443 3.4
    Person Characteristics
  • Census Count Percent(%)
    Professionals 1245 16.6
    Technicians & trades workers 1109 14.8
    Clerical & administrative workers 910 12.2
    Sales 892 11.9
    Labourers 915 12.2
    Others 2411 32.2
    Occupation
    Census Count Percent(%)
    Pre-school 255 7.2
    Infants/Primary 1378 38.8
    Secondary 1122 31.6
    Technical or Further Educational Institution 460 13.0
    University or other Tertiary Institutions 250 7.0
    Others 87 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 14479 90.5
    Flat, unit or apartment 938 5.9
    Semi-detached, row or terrace house, townhouse 497 3.1
    House or flat attached to a shop, office 49 0.3
    Caravan, cabin, houseboat 42 0.3
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 2545 37.5
    Being purchased 2227 32.8
    Rented 1969 29.0
    Other tenure type 50 0.7
    Tenure Type
Census 2011, ABS
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