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Wando Vale, VIC 3312
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$815,000
list-price estimate
Median Unit
-
Gross Yield (houses)
2.8%
1yr Growth
-
Investment snapshot for Wando Vale
Wando Vale has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Wando Vale market and investor summary
In Wando Vale, VIC 3312, houses show a gross rental yield of 2.8%.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.8% will not cover holding costs in the early years, so the case leans on price appreciation.
Living in Wando Vale: people, income and schools
Wando Vale has a resident population of roughly 96, a number that has held fairly steady over five years. The median age is 49, 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.
Households here earn a median of about $82,000 a year, or roughly $1,580 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (6 out of 10). Incomes have risen about 31% over five years, which tends to underpin what local buyers can pay.
- Population
- 96
- -1% over 5yr
- Median age
- 49 years
- Median household income
- $82,000/yr
- Households renting
- 9%
- Family households
- 74%
- 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 Vale
No properties currently listed in Wando Vale
Search Wando Vale listings →Frequently asked questions about Wando Vale
What should I check before investing in Wando Vale?
Wando Vale 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 rental yield does Wando Vale show?
The gross rental yield in Wando Vale is 2.8% 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 Vale?
Wando Vale has a population of approximately 96 residents, with a median age of 49.
Is Wando Vale's population growing?
The population of Wando Vale 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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