Suburb Profile Report for Wonthaggi VIC (3995)

Wonthaggi House: Median price $263,750, Annual capital growth 2.90%, Number of sales 120, Weekly median advertised rent $270

Wonthaggi Unit: Median price $240,300, Annual capital growth 1.76%, Number of sales 40, Weekly median advertised rent $250

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Wonthaggi, 3995 have given investors a capital gain of 3.84%. This compares badly with the 8.12% for VIC as a whole.

When looking at the potential capital gains offered to property investors over the last 3 years, Wonthaggi comes in at number 460th in VIC.

Wonthaggi3995 is located in VIC which offers an average discount of -6.00% to property investors. Wonthaggi itself is showing figures that indicate -4.83% is the average achievable by property buyers investing in the suburb.

Investment property in Wonthaggi has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 8.73%

The five-year average increase in median property values for Wonthaggi,3995 has given property investors a potential capital gain of -1.52% across each of those five years.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Wonthaggi, 3995. Typically our figures indicate that -5.82% is being offered, which puts this VIC suburb at 535th most discounted overall in Australia.

At number 1309 in a list of fastest selling suburbs, Wonthaggi is in the bottom 20% of suburbs in Australia with an average of days on market 118 for properties listed there.

Wonthaggi is 45th on a list of best yielding suburbs for rents in VIC with a 5.41% return

Metrics i HOUSE UNIT
$263,750 $240,300
0.48% 1.16%
3.84% 8.73%
2.90% 1.76%
$270 $250
120 40
5.32% 5.41%
94.12 118

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 4354
Median household income ($/weekly) 675
Median age of persons 48
Median housing loan repayment ($/monthly) 1192
Average household size 2.1
  • Census Count Percent(%)
    35-44 years 451 10.4
    45-54 years 545 12.5
    55-64 years 573 13.2
    65-74 years 559 12.8
    75-84 years 480 11.0
    Others 1746 40.1
    Age Group
    Census Count Percent(%)
    Not Married 1602 49.8
    Registered Married 1357 42.1
    Defacto Relationship 261 8.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 3467 84.9
    Japan 80 2.0
    Papua New Guinea 51 1.2
    United Kingdom 268 6.6
    Other 78 1.9
    Others 140 3.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 39 1.0
    Christianity 2679 68.4
    Islam 9 0.2
    Other Religious Groups 14 0.4
    No Religion 1162 29.7
    Others 12 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 280 16.6
    $400-$599 322 19.1
    $600-$799 217 12.8
    $800-$999 149 8.8
    $1,500-$1,999 134 7.9
    Others 587 34.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1695 49.9
    Employed, worked full-time 863 25.4
    Employed, worked part-time 619 18.2
    Employed, away from work 121 3.6
    Unemployed, looking for work 101 3.0
    Person Characteristics
  • Census Count Percent(%)
    Professionals 184 11.5
    Technicians & trades workers 261 16.3
    Community & personal service workers 192 12.0
    Sales 200 12.5
    Labourers 319 19.9
    Others 444 27.8
    Occupation
    Census Count Percent(%)
    Pre-school 53 7.1
    Infants/Primary 265 35.6
    Secondary 271 36.4
    Technical or Further Educational Institution 77 10.3
    University or other Tertiary Institutions 44 5.9
    Others 35 4.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3315 84.0
    Semi-detached, row or terrace house, townhouse 322 8.2
    Flat, unit or apartment 283 7.2
    Caravan, cabin, houseboat 24 0.6
    House or flat attached to a shop, office 3 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 802 44.4
    Rented 597 33.0
    Being purchased 395 21.9
    Other tenure type 13 0.7
    Tenure Type
Census 2011, ABS
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