Suburb Profile Report for Wangaratta VIC (3677)

Wangaratta House: Median price $270,000, Annual capital growth 2.45%, Number of sales 364, Weekly median advertised rent $280

Wangaratta Unit: Median price $218,500, Annual capital growth 2.19%, Number of sales 50, Weekly median advertised rent $218

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Wangaratta has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -0.74%

The five-year average increase in median property values for Wangaratta,3677 has given property investors a potential capital gain of 11.46% across each of those five years.

Sellers are offering property buyers an average discount of -5.73% to buyers in Wangaratta at the moment, which is less than average for the rest of VIC.

Residents and property investors in Wangaratta have been waiting around 82.95 days to sell a property.

Property investors should expect to get $280 weekly from the median priced house in this suburb.

Wangaratta has had a A very good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 11.05% to date .

When looking at the potential capital gains offered to property investors over the last 3 years, Wangaratta comes in at number 98th in VIC.

Wangaratta3677 is located in VIC which offers an average discount of -5.22% to property investors. Wangaratta itself is showing figures that indicate -6.33% is the average achievable by property buyers investing in the suburb.

HOUSE UNIT
$270,000 $218,500
-2.35% 4.05%
-0.74% 11.05%
2.45% 2.19%
$280 $218
364 50
5.39% 5.18%
82.95 87.32

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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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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Recent sales & rentals