Suburb Profile Report for Wendouree VIC (3355)

Wendouree House: Median price $250,000, Annual capital growth 2.84%, Number of sales 251, Weekly median advertised rent $265

Wendouree Unit: Median price $230,000, Annual capital growth 3.68%, Number of sales 35, Weekly median advertised rent $205

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Wendouree, 3355 have given investors a capital gain of 2.04%. This compares very badly with the 11.73% for VIC as a whole.

When looking at the potential capital gains offered to property investors over the last 3 years, Wendouree comes in at number 625th in VIC.

State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -3.33% offered to property buyers. Sellers in Wendouree itself are offering an average vendor discount of -2.92% to real estate investors.

With a capital gain of -4.17% for the last 12 months, Wendouree, 3355 has performed for property investments than its average annual 3.68% property growth over the last 5 years.

Over the longer term, Wendouree has seen property prices show investors a 0.47% return over the last 3 years. This is worse than over the last 12 months

The VIC suburb of Wendouree, 3355 is in the Ballarat local government area.

Metrics i HOUSE UNIT
$250,000 $230,000
0.00% -2.95%
2.04% -4.17%
2.84% 3.68%
$265 $205
251 35
5.51% 4.63%
27.3 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 10597
Median household income ($/weekly) 731
Median age of persons 41
Median housing loan repayment ($/monthly) 1100
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 1199 11.3
    35-44 years 1219 11.5
    45-54 years 1185 11.2
    55-64 years 1205 11.4
    65-74 years 1172 11.1
    Others 4617 43.6
    Age Group
    Census Count Percent(%)
    Not Married 3896 51.1
    Registered Married 3029 39.7
    Defacto Relationship 697 9.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 9150 91.9
    Indonesia 47 0.5
    New Zealand 81 0.8
    United Kingdom 280 2.8
    Other 88 0.9
    Others 310 3.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 48 0.5
    Christianity 6435 68.3
    Hinduism 37 0.4
    Other Religious Groups 43 0.5
    No Religion 2833 30.1
    Others 29 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 542 13.8
    $400-$599 711 18.1
    $600-$799 624 15.9
    $800-$999 440 11.2
    $1,000-$1,249 396 10.1
    Others 1216 30.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 4088 50.7
    Employed, worked full-time 2100 26.1
    Employed, worked part-time 1254 15.6
    Unemployed, looking for work 346 4.3
    Employed, away from work 271 3.4
    Person Characteristics
  • Census Count Percent(%)
    Professionals 464 12.8
    Technicians & trades workers 609 16.8
    Clerical & administrative workers 476 13.1
    Sales 402 11.1
    Labourers 617 17.0
    Others 1058 29.2
    Occupation
    Census Count Percent(%)
    Pre-school 175 8.3
    Infants/Primary 733 34.7
    Secondary 710 33.6
    Technical or Further Educational Institution 173 8.2
    University or other Tertiary Institutions 230 10.9
    Others 93 4.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 8794 91.2
    Flat, unit or apartment 437 4.5
    Semi-detached, row or terrace house, townhouse 405 4.2
    House or flat attached to a shop, office 4 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1595 38.0
    Rented 1593 38.0
    Being purchased 983 23.4
    Other tenure type 21 0.5
    Tenure Type
Census 2011, ABS
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