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Wandana Heights

POSTAL CODE: VIC, 3216
HOUSE

Property investments in WANDANA HEIGHTS fare well against the rest of the country last year, registering a median home price increase of 18.27%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are high, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains WANDANA HEIGHTS, 3216 saw average growth in the long term.

Real estate investors could earn a rental income of $700 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 53.5 days.

Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $1,110,000.

WANDANA HEIGHTS ranks 377th on the list of best yielding suburbs for rental properties in VIC, posting a 3.28% return.

Surburb overview

Wandana Heights is a residential suburb of Geelong in Victoria, located approximately 6 kilometres south-west of the Geelong central business district and about 75 kilometres south-west of Melbourne. 

The suburb is positioned within the City of Greater Geelong, bordered by Highton, Grovedale, and Waurn Ponds, and is primarily characterised by its suburban setting and elevated landscape.

According to recent census data, Wandana Heights has a moderate population, with a demographic profile that includes families, professionals, and retirees, and a median age slightly above the national average.

Housing in the suburb consists predominantly of detached dwellings, many built from the late 20th century onwards, along with some more recent developments that reflect gradual residential growth.

Road connectivity is supported by local arterial routes, such as Princes Highway and Barrabool Road, which provide access to the Geelong CBD, neighbouring suburbs, and regional destinations.

Public transport options include bus services that connect Wandana Heights to central Geelong and surrounding areas. At the same time, nearby Waurn Ponds and South Geelong railway stations offer V/Line services to Melbourne and regional centres.

Local amenities within the suburb are limited, with residents typically accessing shopping, dining, and services in nearby Highton Village, Waurn Ponds Shopping Centre, and central Geelong. 

Educational facilities include Wandana Heights Primary School, with additional primary and secondary schools located in neighbouring suburbs, as well as proximity to Deakin University’s Waurn Ponds campus.

Recreational opportunities are supported by local parks, reserves, and sporting facilities, as well as access to walking and cycling paths in surrounding areas. The suburb’s elevated position contributes to views across parts of Geelong and the Barwon River valley in some locations.

Wandana Heights maintains a quiet residential character while benefiting from its proximity to established infrastructure and services in the broader Geelong region.

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