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Weatherboard, VIC 3352
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$920,000
Median Unit
$555,000
list-price estimate
Gross Yield (houses)
2.7%
1yr Growth
-
Investment snapshot for Weatherboard
Weatherboard has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Weatherboard market and investor summary
In Weatherboard, VIC 3352, the median house sells for around $920K, on a gross rental yield of 2.7% for houses. At 1.9% 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 2.7% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 1.9% and a resident base that is not shrinking.
Living in Weatherboard: people, income and schools
Weatherboard has a resident population of roughly 52, and the area has been growing steadily, up about 12% over five years. At a median age of 43, it reads as skewed a little older, and 82% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
On socio-economic measures it ranks comfortably above the national middle (7 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.
Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 52
- +12% over 5yr
- Median age
- 43 years
- Households renting
- 10%
- Family households
- 79%
- Socio-economic rank
- 7/10
- ABS advantage index
- Unemployment
- 4.2%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Weatherboard
View all →Frequently asked questions about Weatherboard
What should I check before investing in Weatherboard?
Weatherboard has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (1.9% 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 Weatherboard?
The median property price in Weatherboard, VIC 3352 is $920K for houses.
What rental yield does Weatherboard show?
The gross rental yield in Weatherboard is 2.7% for houses. 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 Weatherboard?
The current vacancy rate in Weatherboard is 1.9%. 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 Weatherboard?
Weatherboard has a population of approximately 52 residents, with a median age of 43.
Is Weatherboard's population growing?
The population of Weatherboard has grown about 12% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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