Suburb Profile Report for Wodonga VIC (3690)

Wodonga House: Median price $325,500, Annual capital growth 2.97%, Number of sales 372, Weekly median advertised rent $310

Wodonga Unit: Median price $205,000, Annual capital growth 1.63%, Number of sales 61, Weekly median advertised rent $230

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

Source: CoreLogic

  • House Report
  • Unit Report

VIC has seen average median house prices change by 11.00% which means that Wodonga, 3690 has done well for property investors by showing a capital gain of 8.50% over the last year

The five-year average increase in median property values for Wodonga,3690 has given property investors a potential capital gain of 21.91% across each of those five years.

The most recent median price for Wodonga is $325500, with sellers offering an average of -4.37% off the asking price.

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

Wodonga has had a quite poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of -0.49% to date .

Wodonga,3690 was ranked 545 in Australia by increase in median property value over the quarter.

State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.68% offered to property buyers. Sellers in Wodonga itself are offering an average vendor discount of -5.50% to real estate investors.

Often selling an investment property can take time, and in Wodonga the average time real estate has been on the market is 94 days.

Advertised rents are around the $230 mark per week – giving a return of 5.83% based on the median price in Suburb

Metrics i HOUSE UNIT
$325,500 $205,000
0.31% 2.50%
8.50% -0.49%
2.97% 1.63%
$310 $230
372 61
4.95% 5.83%
94.28 94

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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