Suburb Profile Report for Wodonga VIC (3690)

Wodonga House: Median price $310,000, Annual capital growth 2.39%, Number of sales 334, Weekly median advertised rent $300

Wodonga Unit: Median price $205,000, Annual capital growth 2.20%, Number of sales 68, Weekly median advertised rent $220

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Wodonga, 3690 should be relatively pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 8.77%

A 13.45% growth in median value for property investors in Wodonga,3690 puts this suburb at number 121th in terms of best performing suburbs in VIC

Our latest figures would indicate that property sellers in Wodonga are currently offering property investors an average price cut of -4.19% below the asking price at the moment.

Property investors should expect to get $300 weekly from the median priced house in this suburb.

If you compare the increase in value of investment property in Wodonga, 3690 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 7.89%.

Over the longer term, Wodonga has seen property prices show investors a 13.89% return over the last 3 years. This is worse than over the last 12 months

At number 105th of VIC’s most discounted properties, Wodonga is in the bottom 40% of the state/territory when listing in order of most discounted to least.

Advertised rents are around the $220 mark per week – giving a return of 5.58% based on the median price in Suburb

HOUSE UNIT
$310,000 $205,000
5.08% -0.97%
8.77% 7.89%
2.39% 2.20%
$300 $220
334 68
5.03% 5.58%
85.5 105.21

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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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