Suburb Profile Report for Wodonga VIC (3690)

Wodonga House: Median price $340,000, Annual capital growth 3.21%, Number of sales 413, Weekly median advertised rent $320

Wodonga Unit: Median price $215,000, Annual capital growth 1.67%, Number of sales 63, Weekly median advertised rent $230

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Wodonga have tracked just lower than the VIC average of 11.11% over the last 12 months.

When looking at the potential capital gains offered to property investors over the last 3 years, Wodonga comes in at number 556th in VIC.

Our latest figures would indicate that property sellers in Wodonga are currently offering property investors an average price cut of -4.02% below the asking price at the moment.

Wodonga is 102th on a list of best yielding suburbs for rents in VIC with a 4.89% return

Wodonga has had a quite poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of 4.88% to date .

Wodonga,3690 was ranked 546 in Australia by increase in median property value over the quarter.

Property investors looking for a bargain in Wodonga should be aiming for at least -4.59% off the asking price, which is the average vendor discount being achieved at the moment.

Often selling an investment property can take time, and in Wodonga the average time real estate has been on the market is 103.51 days.

Property investors should expect to get $230 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$340,000 $215,000
0.15% 1.78%
5.75% 4.88%
3.21% 1.67%
$320 $230
413 63
4.89% 5.56%
93.93 103.51

Source: CoreLogic

DSR Score for property investment : Good (H), Good (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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Recent sales & rentals