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Wee Wee Rup, VIC 3568

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

Data updated

Median House

$510,000

Median Unit

$375,000

list-price estimate

Gross Yield (houses)

4.1%

1yr Growth

-

Investment snapshot for Wee Wee Rup

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

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Wee Wee Rup market and investor summary

In Wee Wee Rup, VIC 3568, the median house sells for around $510K, on a gross rental yield of 4.1% for houses. At 2.9% vacancy, it is a broadly balanced rental market.

For an investor, the rent-to-price profile sits mid-range: a gross house yield near 4.1% is neither a standout cashflow play nor a pure growth bet. Houses also take time to sell, around 71 days on market, so plan for a slower exit if you ever need one.

Living in Wee Wee Rup: people, income and schools

Wee Wee Rup has a resident population of roughly 31, a number that has held fairly steady over five years. At a median age of 53, it reads as an older, established demographic, and 77% 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 $60,000 a year (about $1,160 a week). On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (3 out of 10). At current prices a median house runs to about 8.5 times local household income, in line with much of metropolitan Australia.

Fixed broadband is delivered over the NBN's Fixed Wireless.

Population
31
-2% over 5yr
Median age
53 years
Median household income
$60,000/yr
Households renting
18%
Family households
65%
Socio-economic rank
3/10
ABS advantage index
Unemployment
1.7%

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

Properties in Wee Wee Rup

No properties currently listed in Wee Wee Rup

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Frequently asked questions about Wee Wee Rup

What should I check before investing in Wee Wee Rup?

Wee Wee Rup has enough public data for first-pass screening across yield, vacancy, price and supply signals. House gross rental yield of 4.1% gives a usable rent-to-price starting point. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Wee Wee Rup?

The median property price in Wee Wee Rup, VIC 3568 is $510K for houses.

What rental yield does Wee Wee Rup show?

The gross rental yield in Wee Wee Rup is 4.1% 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 Wee Wee Rup?

The current vacancy rate in Wee Wee Rup is 2.9%. A rate under 2% generally signals a tight rental market. This suburb's rental market is balanced, favouring neither landlords nor tenants strongly.

How many people live in Wee Wee Rup?

Wee Wee Rup has a population of approximately 31 residents, with a median age of 53.

Is Wee Wee Rup affordable to buy in?

A median house in Wee Wee Rup costs about 8.5 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 Wee Wee Rup's population growing?

The population of Wee Wee Rup has fallen about 2% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

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