Suburb Profile Report for West Wodonga VIC (3690)

West Wodonga House: Median price $309,000, Annual capital growth 1.63%, Number of sales 213, Weekly median advertised rent $320

West Wodonga Unit: Median price $204,500, Annual capital growth 1.07%, Number of sales 46, Weekly median advertised rent $230

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
TOP 100 suburbs

Source: CoreLogic

  • House Report
  • Unit Report

West Wodonga is in the bottom 30% in VIC when comparing median price capital growth over the last year. West Wodonga gave property investors a disappointing capital gain figure when compared to the rest of the state, with 2.15%.

When looking at the potential capital gains offered to property investors over the last 3 years, West Wodonga comes in at number 403th in VIC.

The most recent median price for West Wodonga is $309000, with sellers offering an average of -4.32% off the asking price.

A $320 per week rent on the median house gives suburb investors a gross yield of circa 5.39%, without taking into account capital value appreciation, which has been averaging out at 1.63%.

Property value increases in West Wodonga have tracked just higher than the VIC average of 3.56% over the last 12 months.

When looking at the potential capital gains offered to property investors over the last 3 years, West Wodonga comes in at number 220th in VIC.

State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.33% offered to property buyers. Sellers in West Wodonga itself are offering an average vendor discount of -5.64% to real estate investors.

The VIC suburb of West Wodonga, 3690 is in the Wodonga local government area.

HOUSE UNIT
$309,000 $204,500
0.32% 0.25%
2.15% 7.63%
1.63% 1.07%
$320 $230
213 46
5.39% 5.85%
76.3 93.06

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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Demographics
Total population 14057
Median household income ($/weekly) 1147
Median age of persons 33
Median housing loan repayment ($/monthly) 1452
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 2107 15.0
    25-34 years 1977 14.1
    35-44 years 2041 14.5
    45-54 years 1820 12.9
    55-64 years 1499 10.7
    Others 4614 32.8
    Age Group
    Census Count Percent(%)
    Registered Married 4816 49.1
    Not Married 3835 39.1
    Defacto Relationship 1160 11.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 12356 91.0
    Greece 95 0.7
    Papua New Guinea 126 0.9
    United Kingdom 356 2.6
    Other 204 1.5
    Others 439 3.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 85 0.7
    Christianity 9501 72.9
    Hinduism 56 0.4
    Other Religious Groups 48 0.4
    No Religion 3321 25.5
    Others 28 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 512 10.9
    $600-$799 483 10.3
    $1,000-$1,249 545 11.6
    $1,500-$1,999 659 14.1
    $2,000-$2,499 497 10.6
    Others 1989 42.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 4282 41.2
    Not in the labour force 3254 31.3
    Employed, worked part-time 2027 19.5
    Employed, away from work 418 4.0
    Unemployed, looking for work 412 4.0
    Person Characteristics
  • Census Count Percent(%)
    Professionals 1079 16.0
    Technicians & trades workers 1023 15.2
    Community & personal service workers 740 11.0
    Clerical & administrative workers 989 14.7
    Labourers 791 11.8
    Others 2106 31.3
    Occupation
    Census Count Percent(%)
    Pre-school 328 8.6
    Infants/Primary 1407 37.1
    Secondary 955 25.2
    Technical or Further Educational Institution 581 15.3
    University or other Tertiary Institutions 406 10.7
    Others 120 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 11909 88.9
    Semi-detached, row or terrace house, townhouse 722 5.4
    Flat, unit or apartment 709 5.3
    Caravan, cabin, houseboat 39 0.3
    House or flat attached to a shop, office 7 0.1
    Others 3 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1980 38.8
    Rented 1945 38.2
    Fully owned 1134 22.2
    Other tenure type 38 0.7
    Tenure Type
Census 2011, ABS
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