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West Wodonga
AREA REPORTS

West Wodonga

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

house
unit

Property investors have seen a 3.63% gain in WEST WODONGA based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on WEST WODONGA, 3690 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 16.15%.

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 $435,000

Profits averaged 11.98% 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 $400 based on current median home prices for the suburb.

The gross rental yield in WEST WODONGA, 3690 is 4.78%.

An average of 24.83 real estate transactions take place per month in WEST WODONGA which translates to 298 per annum.

Data report can be found below

West Wodonga
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $435,000 $285,000
GROWTH REPORT
Median Quarterly 3.63% 9.62%
Median 12 month 16.15% 26.67%
Median 3 years 35.94% 33.18%
Median 5 years 40.32% 39.02%
10 years average annual 4.87% 4.39%
Weekly media advert. rent $400 $300
Time on Market 32.9 days 27.4 days
Gross Rental Yield Percent 4.78% 5.47%
demographics (median values)*
Total Population
33518
Weekly Household Income
1206
Household Size
2.40
Age
37
Monthly Loan Repayment
1387
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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