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Wangoom, VIC 3279
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$695,000
market range $625K-$1.4M
Median Unit
-
Gross Yield (houses)
3.4%
1yr Growth
-
Investment snapshot for Wangoom
Wangoom has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Wangoom market and investor summary
In Wangoom, VIC 3279, the median house sells for around $695K, on a gross rental yield of 3.4% for houses.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 3.4% will not cover holding costs in the early years, so the case leans on price appreciation.
Living in Wangoom: people, income and schools
About 237 people live in Wangoom. At a median age of 34, it reads as broadly working-age, and 88% 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 $109,000 a year (about $2,100 a week). On socio-economic measures it ranks comfortably above the national middle (7 out of 10 on the ABS advantage index). At current prices a median house runs to about 6.4 times local household income, in line with much of metropolitan Australia. Incomes have risen about 35% over five years, which tends to underpin what local buyers can pay.
It is fairly car-dependent; the suburb scores 17 for walkability out of 100. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 237
- Median age
- 34 years
- Median household income
- $109,000/yr
- Households renting
- 17%
- Family households
- 82%
- Socio-economic rank
- 7/10
- ABS advantage index
- Unemployment
- 0.0%
- Walk score
- 17/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Wangoom
No properties currently listed in Wangoom
Search Wangoom listings →Frequently asked questions about Wangoom
What should I check before investing in Wangoom?
Wangoom 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 Wangoom?
The median property price in Wangoom, VIC 3279 is $695K for houses.
What rental yield does Wangoom show?
The gross rental yield in Wangoom is 3.4% 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 Wangoom?
Wangoom has a population of approximately 237 residents, with a median age of 34.
Is Wangoom affordable to buy in?
A median house in Wangoom costs about 6.4 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.
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