Not sure where to invest? Take the 2-min quiz and we'll rank your top 10 suburbs.
Take the 2-min quiz12,000+ suburbs | 110k+ live listings | refreshed daily
Sign up free to save this suburb, build a shortlist, and compare against 12,000+ Australian suburbs.
See a sample suburb report before signing up or paying. | Take the 30-second product tour
Wongawallan, QLD 4210
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$1,830,000
market range $1.7M-$1.9M
Median Unit
$745,000
Gross Yield (houses)
2.7%
1yr Growth (houses)
+14.4%
market range +10.0% to +17.5%
Investment snapshot for Wongawallan
Wongawallan has enough public data for first-pass screening across yield, vacancy, price and supply signals.
Read the full Wongawallan verdict
Pros, risks, supporting metrics, investment score and cashflow. Included with Pro access.
Short-term access. No subscription. See all plans
See sample analysis before paying.
Investment score breakdown
See exactly which signals drive Wongawallan - yield, growth, affordability, vacancy, livability, safety, and demographics.
Access from $20. Cancel anytime. See all plans
Secure checkout by Stripe. Cancel anytime.
Wongawallan market and investor summary
In Wongawallan, QLD 4210, the median house sells for around $1.8M, on a gross rental yield of 2.7% for houses. House prices have moved +14.4% over the past year and +30.2% over three years. At 2.4% 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 2.7% will not cover holding costs in the early years, so the case leans on price appreciation.
Living in Wongawallan: people, income and schools
About 1,415 people live in Wongawallan, and the area has been growing steadily, up about 10% over five years. At a median age of 43, it reads as skewed a little older, and 90% 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 $124,000 a year (about $2,380 a week). On socio-economic measures it ranks comfortably above the national middle (8 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 14.8 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 19% over five years, which tends to underpin what local buyers can pay.
There is 1 school within about 5km, testing close to the national school average on ICSEA. Wongawallan sits about 51 km from the CBD. It is fairly car-dependent; the suburb scores 4 for walkability out of 100. Fixed broadband is delivered over the NBN's Fibre to the Curb.
- Population
- 1,415
- +10% over 5yr
- Median age
- 43 years
- Median household income
- $124,000/yr
- Households renting
- 7%
- Family households
- 87%
- Socio-economic rank
- 8/10
- ABS advantage index
- Schools within 5km
- 1
- avg ICSEA 998
- Unemployment
- 2.9%
- Distance to CBD
- 51 km
- Walk score
- 4/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Wongawallan
View all →Frequently asked questions about Wongawallan
What should I check before investing in Wongawallan?
Wongawallan has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.1% gives a usable rent-to-price starting point. Capital growth of +14.4% 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 Wongawallan?
The median property price in Wongawallan, QLD 4210 is $1.8M for houses and $745K for units.
What rental yield does Wongawallan show?
The gross rental yield in Wongawallan is 2.7% for houses and 4.1% 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 Wongawallan?
House prices in Wongawallan are up 14.4% over the past year and up 30.2% 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 Wongawallan?
The current vacancy rate in Wongawallan is 2.4%. 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 Wongawallan?
Wongawallan has a population of approximately 1,415 residents, with a median age of 43.
What schools are near Wongawallan?
There are 1 school within roughly 5km of Wongawallan. 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 Wongawallan affordable to buy in?
A median house in Wongawallan costs about 14.8 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 Wongawallan's population growing?
The population of Wongawallan has grown about 10% 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 Wongawallan from the CBD?
Wongawallan is about 51 km from the CBD.
Keep researching with PropRadar
Free tools for the rest of your investment decision, no card required.
Beyond each listing
PropRadar works across your whole search: shortlists and portfolios start free, while heavier discovery, export and advisory workflows are available on paid tiers.
Portfolio tracking
Track owned properties with portfolio value, LVR, yield, cashflow and allocation rolled up in one place.
Open portfolioWatchlists and saved searches
Shortlist up to 5 properties and suburbs for free. Essentials raises the limits and adds saved search alerts.
Open watchlistDeal Finder
A live Pro browser for undervalued listings with solid yield, ranked so thin price gaps stay out of the list.
Open Deal FinderMarket Finder
Shortlist suburbs by yield, growth, vacancy, active inventory and sales depth before you inspect individual listings.
Open Market FinderStrategy tools
Hold vs Sell, Stress Tester, Strategy Recommender and Portfolio Rebalancer for decisions across several properties.
Open toolsBuilding a product on property data? Explore the PropRadar API