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Wemen, VIC 3549
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$250,000
Median Unit
$450,000
list-price estimate
Gross Yield
-
1yr Growth
-
Investment snapshot for Wemen
Wemen has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Wemen market and investor summary
In Wemen, VIC 3549, the median house sells for around $250K. At 0.1% vacancy, it is a tight rental market that favours landlords.
Houses also take time to sell, around 66 days on market, so plan for a slower exit if you ever need one.
Living in Wemen: people, income and schools
Wemen has a resident population of roughly 128, a number that has held fairly steady over five years. At a median age of 34, it reads as broadly working-age, and families account for 66% of households.
The typical household income runs to around $102,000 a year (about $1,960 a week). On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (1 out of 10). At current prices a median house runs to roughly 2.5 times local household income, leaving more headroom than most capital-city markets. Incomes have risen about 29% over five years, which tends to underpin what local buyers can pay.
It is fairly car-dependent; the suburb scores 7 for walkability out of 100.
- Population
- 128
- -0% over 5yr
- Median age
- 34 years
- Median household income
- $102,000/yr
- Households renting
- 45%
- Family households
- 66%
- Socio-economic rank
- 1/10
- ABS advantage index
- Unemployment
- 1.4%
- Walk score
- 7/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Wemen
View all →Frequently asked questions about Wemen
What should I check before investing in Wemen?
Wemen has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (0.1% 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 Wemen?
The median property price in Wemen, VIC 3549 is $250K for houses.
How tight is the rental market in Wemen?
The current vacancy rate in Wemen is 0.1%. 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 Wemen?
Wemen has a population of approximately 128 residents, with a median age of 34.
Is Wemen affordable to buy in?
A median house in Wemen costs about 2.5 times the median local household income (more affordable than most capital-city markets). 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 Wemen's population growing?
The population of Wemen has held roughly flat over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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