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Woorarra East, VIC 3962
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$765,000
list-price estimate
Median Unit
$160,000
list-price estimate
Gross Yield (houses)
2.0%
1yr Growth
-
Investment snapshot for Woorarra East
Woorarra East has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Woorarra East market and investor summary
In Woorarra East, VIC 3962, houses show a gross rental yield of 2.0%. At 0.9% 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 2.0% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 0.9% and a resident base that is not shrinking. Houses also take time to sell, around 72 days on market, so plan for a slower exit if you ever need one.
Living in Woorarra East: people, income and schools
About 43 people live in Woorarra East, a number that has held fairly steady over five years. The median age is 38, broadly working-age, 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 $59,000 a year, or roughly $1,130 a week. On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (2 out of 10).
Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 43
- +4% over 5yr
- Median age
- 38 years
- Median household income
- $59,000/yr
- Households renting
- 16%
- Family households
- 80%
- 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 Woorarra East
No properties currently listed in Woorarra East
Search Woorarra East listings →Frequently asked questions about Woorarra East
What should I check before investing in Woorarra East?
Woorarra East has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (0.9% 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 rental yield does Woorarra East show?
The gross rental yield in Woorarra East is 2.0% 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 Woorarra East?
The current vacancy rate in Woorarra East is 0.9%. 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 Woorarra East?
Woorarra East has a population of approximately 43 residents, with a median age of 38.
Is Woorarra East's population growing?
The population of Woorarra East 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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