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Wombat Creek, VIC 3888
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$695,000
Median Unit
$230,000
list-price estimate
Gross Yield (houses)
3.7%
1yr Growth
-
Investment snapshot for Wombat Creek
Wombat Creek has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Wombat Creek market and investor summary
In Wombat Creek, VIC 3888, the median house sells for around $695K, on a gross rental yield of 3.7% for houses. At 1.6% 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 3.7% is neither a standout cashflow play nor a pure growth bet. Rental demand looks steady, with vacancy at 1.6% and a resident base that is not shrinking. Houses also take time to sell, around 72 days on market, so plan for a slower exit if you ever need one.
Living in Wombat Creek: people, income and schools
Wombat Creek has a resident population of roughly 26, a number that has held fairly steady over five years. At a median age of 58, it reads as an older, established demographic, and families account for 59% of households.
On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (2 out of 10). Locally, around 40% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.
- Population
- 26
- +2% over 5yr
- Median age
- 58 years
- Households renting
- 19%
- Family households
- 59%
- Socio-economic rank
- 2/10
- ABS advantage index
- Unemployment
- 6.2%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Wombat Creek
No properties currently listed in Wombat Creek
Search Wombat Creek listings →Frequently asked questions about Wombat Creek
What should I check before investing in Wombat Creek?
Wombat Creek has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (1.6% 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 Wombat Creek?
The median property price in Wombat Creek, VIC 3888 is $695K for houses.
What rental yield does Wombat Creek show?
The gross rental yield in Wombat Creek is 3.7% for houses. 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 Wombat Creek?
The current vacancy rate in Wombat Creek is 1.6%. 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 Wombat Creek?
Wombat Creek has a population of approximately 26 residents, with a median age of 58.
Is Wombat Creek's population growing?
The population of Wombat Creek has grown modestly, about 2% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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