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Woomelang, VIC 3485
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$310,000
list-price estimate
Median Unit
$470,000
Gross Yield
-
1yr Growth (houses)
+20.5%
market range +10.0% to +42.5%
Investment snapshot for Woomelang
Woomelang has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Woomelang market and investor summary
Woomelang sits in VIC, postcode 3485. House prices have moved +20.5% over the past year and +12.3% over three years.
Houses also take time to sell, around 86 days on market, so plan for a slower exit if you ever need one.
Living in Woomelang: people, income and schools
Woomelang has a resident population of roughly 191, a count that has slipped about 5% over five years. At a median age of 63, it reads as an older, established demographic, and 89% 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 $39,000 a year (about $750 a week). On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (3 out of 10). Incomes have risen about 20% over five years, which tends to underpin what local buyers can pay.
- Population
- 191
- -5% over 5yr
- Median age
- 63 years
- Median household income
- $39,000/yr
- Households renting
- 10%
- Family households
- 57%
- Socio-economic rank
- 3/10
- ABS advantage index
- Unemployment
- 2.1%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Woomelang
View all →Frequently asked questions about Woomelang
What should I check before investing in Woomelang?
Woomelang has enough public data for first-pass screening across yield, vacancy, price and supply signals. Capital growth of +20.5% 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 Woomelang?
The median property price in Woomelang, VIC 3485 is $470K for units.
What does recent house price growth show for Woomelang?
House prices in Woomelang are up 20.5% over the past year and up 12.3% 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 many people live in Woomelang?
Woomelang has a population of approximately 191 residents, with a median age of 63.
Is Woomelang's population growing?
The population of Woomelang has fallen about 5% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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