AREA REPORTS

West Wodonga

Suburb Profile

West Wodonga - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3690

house
unit

Property investors have seen a -1.08% drop in WEST WODONGA based on a decrease in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains WEST WODONGA, 3690 saw average growth in the long term.

The VIC suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $322,000

Profits averaged 2.56% per annum over a 3-year period, due to an upward trend in home prices in WEST WODONGA, 3690.

This means, real estate investors could earn a rental income of $330 based on current median home prices for the suburb.

The gross rental yield in WEST WODONGA, 3690 is 5.33%.

An average of 20 real estate transactions take place per month in WEST WODONGA which translates to 240 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $322,000 $211,500
GROWTH REPORT
Median Quarterly -1.08% -0.7%
Median 12 month 2.22% 2.42%
Median 3 years 7.69% 11.32%
Median 5 years 22.67% 12.5%
10 years average annual 1.94% 1.48%
Weekly media advert. rent $330 $240
Time on Market 77.6 days 92.8 days
Gross Rental Yield Percent 5.33% 5.9%
demographics (median values)
Total Population
13624
Weekly Household Income
1062
Household Size
2.70
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Perth skyline at night

Property market update: Perth, November 2018

The Perth property market continues to show signs of positivity through record high employment levels and low residential vacancy rates, dri...

Man holding glowing key

Expert insight: Making money by picking properties

Property investors are increasingly turning their skill for spotting a bargain into a lucrative career as a buyer’s agent. We spoke to a p...

Election

What the latest federal budget update means for property investors

With the Morrison government declaring that the next budget will be a return to surplus, and an election right around the corner, a property...

Luggage

140k properties fall short on insurances

An insurance body has reminded investors that use short-term letting platforms are placing assets and financial stability at risk if they do...

Graph arrow low

Buying opportunities flourish as summer markets continue soft run

No capital cities recorded a value rise over the last week, with only one avoiding a value fall, new data shows. ...

Sad face complaints

Financial complaints soar as new body opens doors

The new body that fields financial complaints has fielded over 13,000 enquiries in its first month, including those relating to investment p...