Suburb Profile Report for Wy Yung VIC (3875)

Wy Yung House: Median price $331,000, Annual capital growth 2.14%, Number of sales 31, Weekly median advertised rent $340

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

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

With a capital gain of -0.82% for the last 12 months, Wy Yung, 3875 has performed for property investments than its average annual 2.14% property growth over the last 5 years.

The five-year average increase in median property values for Wy Yung,3875 has given property investors a potential capital gain of 26.82% across each of those five years.

State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.51% offered to property buyers. Sellers in Wy Yung itself are offering an average vendor discount of -3.59% to real estate investors.

In the last year 31 properties changed hands in Wy Yung, which puts it as the 515th most active market in VIC when comparing the number of sales per suburb.

Wy Yung, 3875’s gross rental yield is 5.34%

Metrics i HOUSE UNIT
$331,000 N/A
-5.77% N/A
-0.82% N/A
2.14% N/A
$340 N/A
31 N/A
5.34% N/A
93.9230769230769 N/A

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 1709
Median household income ($/weekly) 1008
Median age of persons 44
Median housing loan repayment ($/monthly) 1300
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 242 14.2
    35-44 years 202 11.8
    45-54 years 268 15.7
    55-64 years 253 14.8
    65-74 years 182 10.6
    Others 562 32.9
    Age Group
    Census Count Percent(%)
    Registered Married 763 60.0
    Not Married 409 32.2
    Defacto Relationship 100 7.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 1516 90.5
    Japan 14 0.8
    Papua New Guinea 15 0.9
    United Kingdom 51 3.0
    Other 20 1.2
    Others 59 3.5
    Country of Birth
    Census Count Percent(%)
    Christianity 1215 75.0
    No Religion 388 24.0
    Buddhism 13 0.8
    Hinduism 3 0.2
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 68 11.4
    $400-$599 75 12.6
    $600-$799 67 11.2
    $1,000-$1,249 64 10.7
    $1,500-$1,999 80 13.4
    Others 242 40.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 519 39.1
    Employed, worked full-time 449 33.8
    Employed, worked part-time 295 22.2
    Employed, away from work 46 3.5
    Unemployed, looking for work 19 1.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 133 16.9
    Professionals 123 15.6
    Technicians & trades workers 126 16.0
    Clerical & administrative workers 106 13.5
    Sales 96 12.2
    Others 202 25.7
    Occupation
    Census Count Percent(%)
    Pre-school 19 4.7
    Infants/Primary 167 41.1
    Secondary 139 34.2
    Technical or Further Educational Institution 43 10.6
    University or other Tertiary Institutions 28 6.9
    Others 10 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1492 91.8
    Semi-detached, row or terrace house, townhouse 95 5.8
    Flat, unit or apartment 29 1.8
    Improvised home, tent, sleepers out 6 0.4
    Caravan, cabin, houseboat 3 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 278 43.0
    Being purchased 214 33.1
    Rented 136 21.1
    Other tenure type 18 2.8
    Tenure Type
Census 2011, ABS
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