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Wildwood, VIC 3429

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

Data updated

Median House

$1,220,000

market range $1.2M-$1.8M

Median Unit

$910,000

Gross Yield (houses)

2.5%

1yr Growth

-

Investment snapshot for Wildwood

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

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Wildwood market and investor summary

In Wildwood, VIC 3429, the median house sells for around $1.2M, on a gross rental yield of 2.5% for houses. At 2.2% vacancy, it is a broadly balanced rental market.

For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.5% will not cover holding costs in the early years, so the case leans on price appreciation. Houses also take time to sell, around 67 days on market, so plan for a slower exit if you ever need one.

Living in Wildwood: people, income and schools

Wildwood has a resident population of roughly 244, and the area has been growing steadily, up about 11% over five years. At a median age of 12, it reads as younger than the national median, 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.

The typical household income runs to around $92,000 a year (about $1,770 a week). On socio-economic measures it ranks comfortably above the national middle (7 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 13.3 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 16% over five years, which tends to underpin what local buyers can pay.

There is 1 school within about 5km, testing a little above the national school average on ICSEA. Wildwood sits about 31 km from the CBD. Fixed broadband is delivered over the NBN's Fixed Wireless.

Population
244
+11% over 5yr
Median age
12 years
Median household income
$92,000/yr
Households renting
18%
Family households
53%
Socio-economic rank
7/10
ABS advantage index
Schools within 5km
1
avg ICSEA 1049
Unemployment
3.1%
Distance to CBD
31 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 Wildwood

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Frequently asked questions about Wildwood

What should I check before investing in Wildwood?

Wildwood has enough public data for first-pass screening across yield, vacancy, price and supply signals. Use the available metrics below to compare it with nearby suburbs before relying on the suburb-level view.

What are typical property prices in Wildwood?

The median property price in Wildwood, VIC 3429 is $1.2M for houses and $910K for units.

What rental yield does Wildwood show?

The gross rental yield in Wildwood is 2.5% for houses and 2.5% 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 Wildwood?

The current vacancy rate in Wildwood is 2.2%. 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 Wildwood?

Wildwood has a population of approximately 244 residents, with a median age of 12.

What schools are near Wildwood?

There are 1 school within roughly 5km of Wildwood. Their average ICSEA is a little above the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Wildwood affordable to buy in?

A median house in Wildwood costs about 13.3 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 Wildwood's population growing?

The population of Wildwood has grown about 11% 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 Wildwood from the CBD?

Wildwood is about 31 km from the CBD.

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