Suburb Profile Report for Wodonga VIC (3690)

Wodonga House: Median price $310,000, Annual capital growth 2.33%, Number of sales 320, Weekly median advertised rent $300

Wodonga Unit: Median price $202,500, Annual capital growth 2.12%, Number of sales 71, Weekly median advertised rent $225

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

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a a stable capital gain of 6.90% for the last year, Wodonga, 3690 is the 1569th highest performer in Australia in this respect.

When looking at the potential capital gains offered to property investors over the last 3 years, Wodonga comes in at number 526th in VIC.

The most recent median price for Wodonga is $310000, with sellers offering an average of -4.36% off the asking price.

Using the current median advertised rental of $300 and the average annual increase in value of a median property of 2.33%, investors should hope to achieve an overall return of 5.03%

Wodonga has had a pretty good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 6.58% to date .

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Wodonga has increased when compared to the 5 year average annual rate.

Sellers are offering property buyers an average discount of -5.92% to buyers in Wodonga at the moment, which is less than average for the rest of VIC.

Renters in Suburb are facing rents around $2700 per annum or $225 every week.

HOUSE UNIT
$310,000 $202,500
1.64% -2.29%
6.90% 6.58%
2.33% 2.12%
$300 $225
320 71
5.03% 5.78%
88.54 109.19

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 16487
Median household income ($/weekly) 931
Median age of persons 37
Median housing loan repayment ($/monthly) 1375
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 2171 13.2
    25-34 years 1990 12.1
    35-44 years 2069 12.5
    45-54 years 2197 13.3
    55-64 years 2010 12.2
    Others 6051 36.7
    Age Group
    Census Count Percent(%)
    Not Married 5421 45.4
    Registered Married 5284 44.2
    Defacto Relationship 1237 10.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 13946 88.5
    Greece 173 1.1
    Papua New Guinea 138 0.9
    United Kingdom 420 2.7
    Other 429 2.7
    Others 659 4.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 146 1.0
    Christianity 11008 73.0
    Hinduism 125 0.8
    Other Religious Groups 78 0.5
    No Religion 3665 24.3
    Others 65 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 779 13.1
    $600-$799 743 12.5
    $800-$999 654 11.0
    $1,000-$1,249 607 10.2
    $1,500-$1,999 662 11.1
    Others 2520 42.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 4723 37.4
    Employed, worked full-time 4516 35.7
    Employed, worked part-time 2404 19.0
    Unemployed, looking for work 527 4.2
    Employed, away from work 465 3.7
    Person Characteristics
  • Census Count Percent(%)
    Professionals 1206 16.3
    Technicians & trades workers 1200 16.3
    Community & personal service workers 791 10.7
    Clerical & administrative workers 963 13.0
    Labourers 940 12.7
    Others 2281 30.9
    Occupation
    Census Count Percent(%)
    Pre-school 274 6.9
    Infants/Primary 1337 33.7
    Secondary 1165 29.3
    Technical or Further Educational Institution 599 15.1
    University or other Tertiary Institutions 450 11.3
    Others 147 3.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 13411 86.6
    Semi-detached, row or terrace house, townhouse 866 5.6
    Flat, unit or apartment 1167 7.5
    Caravan, cabin, houseboat 13 0.1
    House or flat attached to a shop, office 22 0.1
    Others 3 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 2422 37.5
    Being purchased 2050 31.8
    Fully owned 1958 30.3
    Other tenure type 24 0.4
    Tenure Type
Census 2011, ABS
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Recent sales & rentals