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Waldara, 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

$550,000

Gross Yield (units)

2.5%

1yr Growth

-

Investment snapshot for Waldara

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

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Waldara market and investor summary

Waldara sits in VIC, postcode 3678. At 2.0% vacancy, it is a tight rental market that favours landlords.

Rental demand looks steady, with vacancy at 2.0% and a resident base that is not shrinking. Houses also take time to sell, around 128 days on market, so plan for a slower exit if you ever need one.

Living in Waldara: people, income and schools

Waldara has a resident population of roughly 677, a number that has held fairly steady over five years. The median age is 47, skewed a little older, and 99% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.

Households here earn a median of about $128,000 a year, or roughly $2,460 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.

There are 7 schools within about 5km, testing close to the national school average on ICSEA. Fixed broadband is delivered over the NBN's Fibre to the Node.

Population
677
+3% over 5yr
Median age
47 years
Median household income
$128,000/yr
Households renting
3%
Family households
91%
Socio-economic rank
8/10
ABS advantage index
Schools within 5km
7
avg ICSEA 956
Unemployment
3.0%

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

Properties in Waldara

No properties currently listed in Waldara

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Frequently asked questions about Waldara

What should I check before investing in Waldara?

Waldara has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (2.0% 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 Waldara?

The median property price in Waldara, VIC 3678 is $550K for units.

What rental yield does Waldara show?

The gross rental yield in Waldara is 2.5% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

How tight is the rental market in Waldara?

The current vacancy rate in Waldara is 2.0%. 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 Waldara?

Waldara has a population of approximately 677 residents, with a median age of 47.

What schools are near Waldara?

There are 7 schools within roughly 5km of Waldara. 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 Waldara's population growing?

The population of Waldara 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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