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Willung South, VIC 3847
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$665,000
list-price estimate
Median Unit
$290,000
list-price estimate
Gross Yield (units)
5.7%
1yr Growth
-
Investment snapshot for Willung South
Willung South has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Willung South market and investor summary
Willung South sits in VIC, postcode 3847. At 1.2% vacancy, it is a tight rental market that favours landlords.
Rental demand looks steady, with vacancy at 1.2% and a resident base that is not shrinking. Houses also take time to sell, around 84 days on market, so plan for a slower exit if you ever need one.
Living in Willung South: people, income and schools
Willung South has a resident population of roughly 146, a number that has held fairly steady over five years. At a median age of 40, it reads as skewed a little older, and families account for 79% of households.
The typical household income runs to around $94,000 a year (about $1,810 a week). On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10).
- Population
- 146
- +3% over 5yr
- Median age
- 40 years
- Median household income
- $94,000/yr
- Households renting
- 0%
- Family households
- 79%
- Socio-economic rank
- 4/10
- ABS advantage index
- Unemployment
- 3.2%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Willung South
No properties currently listed in Willung South
Search Willung South listings →Frequently asked questions about Willung South
What should I check before investing in Willung South?
Willung South has enough public data for first-pass screening across yield, vacancy, price and supply signals. Solid unit gross rental yield of 5.7%, giving a stronger rent-to-price starting point than many suburbs. Tight rental market (1.2% 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 rental yield does Willung South show?
The gross rental yield in Willung South is 5.7% 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 Willung South?
The current vacancy rate in Willung South is 1.2%. 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 Willung South?
Willung South has a population of approximately 146 residents, with a median age of 40.
Is Willung South's population growing?
The population of Willung South has grown modestly, about 3% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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