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Wanora, QLD 4306

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Tight Rental Market

Median House

$920,000

list-price estimate

Median Unit

$275,000

Gross Yield (houses)

2.1%

1yr Growth

-

Investment snapshot for Wanora

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

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Wanora market and investor summary

In Wanora, QLD 4306, houses show a gross rental yield of 2.1%. At 1.6% 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 2.1% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 1.6% and a resident base that is not shrinking.

Living in Wanora: people, income and schools

Wanora is home to around 262 people, and the area has been growing steadily, up about 44% over five years. The median age is 49, skewed a little older, and 97% 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 $86,000 a year, or roughly $1,650 a week. On socio-economic measures it ranks comfortably above the national middle (7 out of 10 on the ABS advantage index). Incomes have risen about 18% over five years, which tends to underpin what local buyers can pay.

There is 1 school within about 5km, testing close to the national school average on ICSEA. It is roughly 35 km from the CBD. Fixed broadband is delivered over the NBN's Fixed Wireless.

Population
262
+44% over 5yr
Median age
49 years
Median household income
$86,000/yr
Households renting
9%
Family households
78%
Socio-economic rank
7/10
ABS advantage index
Schools within 5km
1
avg ICSEA 978
Unemployment
2.7%
Distance to CBD
35 km

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

Properties in Wanora

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Frequently asked questions about Wanora

What should I check before investing in Wanora?

Wanora has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.5% gives a usable rent-to-price starting point. Tight rental market (1.6% 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 Wanora?

The median property price in Wanora, QLD 4306 is $275K for units.

What rental yield does Wanora show?

The gross rental yield in Wanora is 2.1% for houses and 4.5% 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 Wanora?

The current vacancy rate in Wanora is 1.6%. 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 Wanora?

Wanora has a population of approximately 262 residents, with a median age of 49.

What schools are near Wanora?

There are 1 school within roughly 5km of Wanora. 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 Wanora's population growing?

The population of Wanora has grown about 44% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

How far is Wanora from the CBD?

Wanora is about 35 km from the CBD.

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