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Wodonga, VIC 3690
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$645,000
market range $600K-$775K
Median Unit
$415,000
market range $375K-$450K
Gross Yield (houses)
4.4%
1yr Growth (houses)
+12.3%
market range +7.5% to +20.0%
Investment snapshot for Wodonga
Wodonga has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Wodonga market and investor summary
In Wodonga, VIC 3690, the median house sells for around $645K, on a gross rental yield of 4.4% for houses. House prices have moved +12.3% over the past year and +18.4% over three years. At 1.4% vacancy, it is a tight rental market that favours landlords.
For an investor, the rent-to-price profile sits mid-range: a gross house yield near 4.4% is neither a standout cashflow play nor a pure growth bet. Rental demand looks steady, with vacancy at 1.4% and a resident base that is not shrinking.
Living in Wodonga: people, income and schools
About 20,259 people live in Wodonga, a number that has held fairly steady over five years. At a median age of 39, it reads as broadly working-age, and families account for 65% of households.
The typical household income runs to around $71,000 a year (about $1,360 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 9.1 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 17% over five years, which tends to underpin what local buyers can pay.
Families have 23 schools within roughly 5km to choose from, testing close to the national school average on ICSEA. Most day-to-day errands are doable on foot; the suburb scores 87 for walkability and 7 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.
- Population
- 20,259
- +1% over 5yr
- Median age
- 39 years
- Median household income
- $71,000/yr
- Households renting
- 37%
- Family households
- 65%
- Socio-economic rank
- 3/10
- ABS advantage index
- Schools within 5km
- 23
- avg ICSEA 968
- Unemployment
- 6.3%
- Walk score
- 87/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Wodonga
No properties currently listed in Wodonga
Search Wodonga listings →Frequently asked questions about Wodonga
What should I check before investing in Wodonga?
Wodonga has enough public data for first-pass screening across yield, vacancy, price and supply signals. Solid unit gross rental yield of 5.3%, giving a stronger rent-to-price starting point than many suburbs. Capital growth of +12.3% in the past year shows strong recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Wodonga?
The median property price in Wodonga, VIC 3690 is $645K for houses and $415K for units.
What rental yield does Wodonga show?
The gross rental yield in Wodonga is 4.4% for houses and 5.3% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
What does recent house price growth show for Wodonga?
House prices in Wodonga are up 12.3% over the past year and up 18.4% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in Wodonga?
The current vacancy rate in Wodonga is 1.4%. 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 Wodonga?
Wodonga has a population of approximately 20,259 residents, with a median age of 39.
What schools are near Wodonga?
There are 23 schools within roughly 5km of Wodonga. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Wodonga affordable to buy in?
A median house in Wodonga costs about 9.1 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 Wodonga's population growing?
The population of Wodonga 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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