Suburb Profile Report for West Wodonga VIC (3690)

West Wodonga House: Median price $374,000, Annual capital growth 2.88%, Number of sales 223, Weekly median advertised rent $360

West Wodonga Unit: Median price $225,000, Annual capital growth 1.70%, Number of sales 45, Weekly median advertised rent $265

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
TOP 100 suburbs

Source: Monthly data update for Apr 2021 as supplied by CoreLogic. Data is reported to the period ending Jan 2021. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Giving property investors a a stable capital gain of 9.20% for the last year, West Wodonga, 3690 is the 1655th highest performer in Australia in this respect.

While West Wodonga,3690 ranked number 412th in VIC for increase in median house value (annualised) increase, it is ranked 573th over the last 5 years.

Property buyers and investors in West Wodonga 3690 should be seeing an average reduction in asking price of around -2.52% . This means that West Wodonga is holding prices well when compared to other suburbs in VIC.

With the median price for a house in West Wodonga being $374000 and the advertised rent reaching $360 the gross rental yield for property investors calculates out to be 5.01%

Property value increases in West Wodonga have tracked just lower than the VIC average of 6.25% over the last 12 months.

A 13.64% growth in median value for property investors in West Wodonga,3690 puts this suburb at number 138th in terms of best performing suburbs in VIC

State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.28% offered to property buyers. Sellers in West Wodonga itself are offering an average vendor discount of -4.28% to real estate investors.

At number 675 in a list of fastest selling suburbs, West Wodonga is just in the bottom half of suburbs in Australia with an average of days on market 68.9459 for properties listed there.

Situated 252.09km from the CBD, West Wodonga is one of Wodonga (C) localities in the postcode 3690.

Metrics i HOUSE UNIT
$374,000 $225,000
1.77% 2.27%
9.20% -0.66%
2.88% 1.70%
$360 $265
223 45
5.01% 6.12%
62.0185185185185 68.945945945946

Source: Monthly data update for Apr 2021 as supplied by CoreLogic. Data is reported to the period ending Jan 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Very good (H), Very good (U)
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Demographics
Total population 14057
Median household income ($/weekly) 1147
Median age of persons 33
Median housing loan repayment ($/monthly) 1452
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 2107 15.0
    25-34 years 1977 14.1
    35-44 years 2041 14.5
    45-54 years 1820 12.9
    55-64 years 1499 10.7
    Others 4614 32.8
    Age Group
    Census Count Percent(%)
    Registered Married 4816 49.1
    Not Married 3835 39.1
    Defacto Relationship 1160 11.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 12356 91.0
    Greece 95 0.7
    Papua New Guinea 126 0.9
    United Kingdom 356 2.6
    Other 204 1.5
    Others 439 3.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 85 0.7
    Christianity 9501 72.9
    Hinduism 56 0.4
    Other Religious Groups 48 0.4
    No Religion 3321 25.5
    Others 28 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 512 10.9
    $600-$799 483 10.3
    $1,000-$1,249 545 11.6
    $1,500-$1,999 659 14.1
    $2,000-$2,499 497 10.6
    Others 1989 42.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 4282 41.2
    Not in the labour force 3254 31.3
    Employed, worked part-time 2027 19.5
    Employed, away from work 418 4.0
    Unemployed, looking for work 412 4.0
    Person Characteristics
  • Census Count Percent(%)
    Professionals 1079 16.0
    Technicians & trades workers 1023 15.2
    Community & personal service workers 740 11.0
    Clerical & administrative workers 989 14.7
    Labourers 791 11.8
    Others 2106 31.3
    Occupation
    Census Count Percent(%)
    Pre-school 328 8.6
    Infants/Primary 1407 37.1
    Secondary 955 25.2
    Technical or Further Educational Institution 581 15.3
    University or other Tertiary Institutions 406 10.7
    Others 120 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 11909 88.9
    Semi-detached, row or terrace house, townhouse 722 5.4
    Flat, unit or apartment 709 5.3
    Caravan, cabin, houseboat 39 0.3
    House or flat attached to a shop, office 7 0.1
    Others 3 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1980 38.8
    Rented 1945 38.2
    Fully owned 1134 22.2
    Other tenure type 38 0.7
    Tenure Type
Census 2011, ABS
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