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Wahring, VIC 3608
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$1,065,000
Median Unit
$510,000
Gross Yield (houses)
2.9%
1yr Growth (houses)
-0.1%
estimate
Investment snapshot for Wahring
Wahring has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Wahring market and investor summary
In Wahring, VIC 3608, the median house sells for around $1.1M, on a gross rental yield of 2.9% for houses. House prices have moved -0.1% over the past year and -4.6% over three years. At 1.5% vacancy, it is a tight rental market that favours landlords.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.9% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 1.5% 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 Wahring: people, income and schools
Wahring is home to around 88 people, and the area has been growing steadily, up about 12% over five years. At a median age of 56, it reads as an older, established demographic, and 76% 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 $93,000 a year (about $1,790 a week). On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). At current prices a median house runs to a steep 11.4 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 16% over five years, which tends to underpin what local buyers can pay.
Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 88
- +12% over 5yr
- Median age
- 56 years
- Median household income
- $93,000/yr
- Households renting
- 21%
- Family households
- 74%
- Socio-economic rank
- 4/10
- ABS advantage index
- Unemployment
- 3.9%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Wahring
No properties currently listed in Wahring
Search Wahring listings →Frequently asked questions about Wahring
What should I check before investing in Wahring?
Wahring has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 5.0% gives a usable rent-to-price starting point. Tight rental market (1.5% 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 Wahring?
The median property price in Wahring, VIC 3608 is $1.1M for houses and $510K for units.
What rental yield does Wahring show?
The gross rental yield in Wahring is 2.9% for houses and 5.0% 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 Wahring?
House prices in Wahring are down 0.1% over the past year and down 4.6% over three years. 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 Wahring?
The current vacancy rate in Wahring is 1.5%. 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 Wahring?
Wahring has a population of approximately 88 residents, with a median age of 56.
Is Wahring affordable to buy in?
A median house in Wahring costs about 11.4 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Wahring's population growing?
The population of Wahring has grown about 12% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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