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North Wangaratta, VIC 3678

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Tight Rental Market

Median House

$1,015,000

list-price estimate

Median Unit

$365,000

Gross Yield (units)

3.6%

1yr Growth (houses)

-18.0%

market range -20.0% to -12.5%

Investment snapshot for North Wangaratta

North Wangaratta has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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North Wangaratta market and investor summary

North Wangaratta sits in VIC, postcode 3678. House prices have moved -18.0% over the past year. At 1.9% vacancy, it is a tight rental market that favours landlords.

Rental demand looks steady, with vacancy at 1.9% and a resident base that is not shrinking. Houses also take time to sell, around 69 days on market, so plan for a slower exit if you ever need one.

Living in North Wangaratta: people, income and schools

North Wangaratta is home to around 282 people, a number that has held fairly steady over five years. At a median age of 48, it reads as skewed a little older, and 80% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.

The typical household income runs to around $80,000 a year (about $1,530 a week). On socio-economic measures it ranks comfortably above the national middle (8 out of 10 on the ABS advantage index). Incomes have risen about 19% over five years, which tends to underpin what local buyers can pay.

Families have 10 schools within roughly 5km to choose from, testing close to the national school average on ICSEA. Fixed broadband is delivered over the NBN's Fixed Wireless.

Population
282
+3% over 5yr
Median age
48 years
Median household income
$80,000/yr
Households renting
10%
Family households
69%
Socio-economic rank
8/10
ABS advantage index
Schools within 5km
10
avg ICSEA 1005
Unemployment
3.4%

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in North Wangaratta

No properties currently listed in North Wangaratta

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Frequently asked questions about North Wangaratta

What should I check before investing in North Wangaratta?

North Wangaratta has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (1.9% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in North Wangaratta?

The median property price in North Wangaratta, VIC 3678 is $365K for units.

What rental yield does North Wangaratta show?

The gross rental yield in North Wangaratta is 3.6% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

What does recent house price growth show for North Wangaratta?

House prices in North Wangaratta are down 18.0% over the past year. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

How tight is the rental market in North Wangaratta?

The current vacancy rate in North Wangaratta is 1.9%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.

How many people live in North Wangaratta?

North Wangaratta has a population of approximately 282 residents, with a median age of 48.

What schools are near North Wangaratta?

There are 10 schools within roughly 5km of North Wangaratta. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is North Wangaratta's population growing?

The population of North Wangaratta has grown modestly, about 3% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

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