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Wonga, VIC 3960
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$815,000
list-price estimate
Median Unit
$695,000
Gross Yield
-
1yr Growth
-
Investment snapshot for Wonga
Wonga has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Wonga market and investor summary
Wonga sits in VIC, postcode 3960. At 1.3% vacancy, it is a tight rental market that favours landlords.
Rental demand looks steady, with vacancy at 1.3% and a resident base that is not shrinking. Houses also take time to sell, around 461 days on market, so plan for a slower exit if you ever need one.
Living in Wonga: people, income and schools
Wonga has a resident population of roughly 44, a number that has held fairly steady over five years. The median age is 55, an older, established demographic, and families account for 68% of households.
Households here earn a median of about $59,000 a year, or roughly $1,130 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). Locally, around 35% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.
Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 44
- +4% over 5yr
- Median age
- 55 years
- Median household income
- $59,000/yr
- Households renting
- 19%
- Family households
- 68%
- Socio-economic rank
- 4/10
- ABS advantage index
- Unemployment
- 2.7%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Wonga
No properties currently listed in Wonga
Search Wonga listings →Frequently asked questions about Wonga
What should I check before investing in Wonga?
Wonga has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (1.3% 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 Wonga?
The median property price in Wonga, VIC 3960 is $695K for units.
How tight is the rental market in Wonga?
The current vacancy rate in Wonga is 1.3%. 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 Wonga?
Wonga has a population of approximately 44 residents, with a median age of 55.
Is Wonga's population growing?
The population of Wonga has grown modestly, about 4% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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