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Weering, VIC 3251
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$940,000
market range $450K-$975K
Median Unit
$395,000
Gross Yield (units)
4.8%
1yr Growth
-
Investment snapshot for Weering
Weering has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Weering market and investor summary
Weering (VIC 3251) runs a median house price of $940K. At 3.2% vacancy, it is a softer rental market with more choice for tenants.
Living in Weering: people, income and schools
Weering is home to around 62 people, a number that has held fairly steady over five years. The median age is 41, 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 $72,000 a year, or roughly $1,380 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 a steep 13.1 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 42% over five years, which tends to underpin what local buyers can pay.
Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 62
- +1% over 5yr
- Median age
- 41 years
- Median household income
- $72,000/yr
- Households renting
- 11%
- Family households
- 60%
- Socio-economic rank
- 3/10
- ABS advantage index
- Unemployment
- 1.0%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Weering
View all →Frequently asked questions about Weering
What should I check before investing in Weering?
Weering has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.8% 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 Weering?
The median property price in Weering, VIC 3251 is $940K for houses and $395K for units.
What rental yield does Weering show?
The gross rental yield in Weering is 4.8% 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 Weering?
The current vacancy rate in Weering is 3.2%. A rate under 2% generally signals a tight rental market. This suburb's rental market is softer, with tenants having more choice and rents possibly under pressure.
How many people live in Weering?
Weering has a population of approximately 62 residents, with a median age of 41.
Is Weering affordable to buy in?
A median house in Weering costs about 13.1 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). 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 Weering's population growing?
The population of Weering has grown modestly, about 1% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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