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Wando Bridge, VIC 3312
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$640,000
Median Unit
-
Gross Yield (houses)
2.6%
1yr Growth
-
Investment snapshot for Wando Bridge
Wando Bridge has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Wando Bridge market and investor summary
In Wando Bridge, VIC 3312, the median house sells for around $640K, on a gross rental yield of 2.6% for houses.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.6% will not cover holding costs in the early years, so the case leans on price appreciation.
Living in Wando Bridge: people, income and schools
About 41 people live in Wando Bridge, a number that has held fairly steady over five years. At a median age of 49, it reads as skewed a little older, and 83% 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 $73,000 a year (about $1,410 a week). On socio-economic measures it ranks around the national middle on the ABS advantage index (6 out of 10). At current prices a median house runs to about 8.7 times local household income, in line with much of metropolitan Australia. Incomes have risen about 31% over five years, which tends to underpin what local buyers can pay.
- Population
- 41
- -1% over 5yr
- Median age
- 49 years
- Median household income
- $73,000/yr
- Households renting
- 9%
- Family households
- 71%
- Socio-economic rank
- 6/10
- ABS advantage index
- Unemployment
- 1.9%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Wando Bridge
No properties currently listed in Wando Bridge
Search Wando Bridge listings →Frequently asked questions about Wando Bridge
What should I check before investing in Wando Bridge?
Wando Bridge has enough public data for first-pass screening across yield, vacancy, price and supply signals. Use the available metrics below to compare it with nearby suburbs before relying on the suburb-level view.
What are typical property prices in Wando Bridge?
The median property price in Wando Bridge, VIC 3312 is $640K for houses.
What rental yield does Wando Bridge show?
The gross rental yield in Wando Bridge is 2.6% for houses. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
How many people live in Wando Bridge?
Wando Bridge has a population of approximately 41 residents, with a median age of 49.
Is Wando Bridge affordable to buy in?
A median house in Wando Bridge costs about 8.7 times the median local household income (broadly in line with metropolitan Australia). 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 Wando Bridge's population growing?
The population of Wando Bridge has fallen about 1% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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