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Woodhouse, VIC 3294

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Tight Rental Market

Median House

$765,000

Median Unit

$230,000

list-price estimate

Gross Yield (houses)

2.5%

1yr Growth

-

Investment snapshot for Woodhouse

Woodhouse has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Woodhouse market and investor summary

In Woodhouse, VIC 3294, the median house sells for around $765K, on a gross rental yield of 2.5% for houses. At 0.6% vacancy, it is a tight rental market that favours landlords.

For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.5% will not cover holding costs in the early years, so the case leans on price appreciation.

Living in Woodhouse: people, income and schools

About 34 people live in Woodhouse, a number that has held fairly steady over five years. At a median age of 47, it reads as skewed a little older, and 71% of homes are owner-occupied.

The typical household income runs to around $70,000 a year (about $1,350 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 10.9 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 25% over five years, which tends to underpin what local buyers can pay.

Population
34
-0% over 5yr
Median age
47 years
Median household income
$70,000/yr
Households renting
21%
Family households
66%
Socio-economic rank
8/10
ABS advantage index
Unemployment
1.7%

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Woodhouse

No properties currently listed in Woodhouse

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Frequently asked questions about Woodhouse

What should I check before investing in Woodhouse?

Woodhouse has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (0.6% 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 Woodhouse?

The median property price in Woodhouse, VIC 3294 is $765K for houses.

What rental yield does Woodhouse show?

The gross rental yield in Woodhouse is 2.5% 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 Woodhouse?

The current vacancy rate in Woodhouse is 0.6%. 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 Woodhouse?

Woodhouse has a population of approximately 34 residents, with a median age of 47.

Is Woodhouse affordable to buy in?

A median house in Woodhouse costs about 10.9 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 Woodhouse's population growing?

The population of Woodhouse has held roughly flat over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

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