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Wonyip, VIC 3962
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$805,000
Median Unit
$160,000
list-price estimate
Gross Yield (houses)
2.6%
1yr Growth
-
Investment snapshot for Wonyip
Wonyip has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Wonyip market and investor summary
Wonyip (VIC 3962) runs a median house price of $805K, with houses yielding a gross 2.6%. At 2.2% 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 2.6% will not cover holding costs in the early years, so the case leans on price appreciation. Houses also take time to sell, around 73 days on market, so plan for a slower exit if you ever need one.
Living in Wonyip: people, income and schools
Wonyip has a resident population of roughly 39, a number that has held fairly steady over five years. The median age is 54, an older, established demographic, and 79% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
Households here earn a median of about $49,000 a year, or roughly $940 a week. On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (2 out of 10). At current prices a median house runs to a steep 16.5 times local household income, so affordability is a genuine constraint on local buyers.
- Population
- 39
- +4% over 5yr
- Median age
- 54 years
- Median household income
- $49,000/yr
- Households renting
- 16%
- Family households
- 63%
- Socio-economic rank
- 2/10
- 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 Wonyip
No properties currently listed in Wonyip
Search Wonyip listings →Frequently asked questions about Wonyip
What should I check before investing in Wonyip?
Wonyip has enough public data for first-pass screening across yield, vacancy, price and supply signals. Use the available metrics below to compare it with nearby suburbs before relying on the suburb-level view.
What are typical property prices in Wonyip?
The median property price in Wonyip, VIC 3962 is $805K for houses.
What rental yield does Wonyip show?
The gross rental yield in Wonyip is 2.6% 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 Wonyip?
The current vacancy rate in Wonyip is 2.2%. 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 Wonyip?
Wonyip has a population of approximately 39 residents, with a median age of 54.
Is Wonyip affordable to buy in?
A median house in Wonyip costs about 16.5 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 Wonyip's population growing?
The population of Wonyip 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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