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Woorinen, VIC 3589
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$675,000
market range $375K-$700K
Median Unit
-
Gross Yield (houses)
3.9%
1yr Growth
-
Investment snapshot for Woorinen
Woorinen has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Woorinen market and investor summary
Woorinen (VIC 3589) runs a median house price of $675K, with houses yielding a gross 3.9%. At 2.3% vacancy, it is a broadly balanced rental market.
For an investor, the rent-to-price profile sits mid-range: a gross house yield near 3.9% is neither a standout cashflow play nor a pure growth bet. Houses also take time to sell, around 75 days on market, so plan for a slower exit if you ever need one.
Living in Woorinen: people, income and schools
About 262 people live in Woorinen, a number that has held fairly steady over five years. The median age is 37, broadly working-age, and families account for 80% of households.
Households here earn a median of about $101,000 a year, or roughly $1,940 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (6 out of 10). At current prices a median house runs to about 6.7 times local household income, in line with much of metropolitan Australia. Incomes have risen about 50% over five years, which tends to underpin what local buyers can pay.
There are 2 schools within about 5km, testing a little above the national school average on ICSEA.
- Population
- 262
- +0% over 5yr
- Median age
- 37 years
- Median household income
- $101,000/yr
- Households renting
- 22%
- Family households
- 80%
- Socio-economic rank
- 6/10
- ABS advantage index
- Schools within 5km
- 2
- avg ICSEA 1021
- Unemployment
- 1.6%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Woorinen
No properties currently listed in Woorinen
Search Woorinen listings →Frequently asked questions about Woorinen
What should I check before investing in Woorinen?
Woorinen 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 Woorinen?
The median property price in Woorinen, VIC 3589 is $675K for houses.
What rental yield does Woorinen show?
The gross rental yield in Woorinen is 3.9% 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 Woorinen?
The current vacancy rate in Woorinen is 2.3%. 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 Woorinen?
Woorinen has a population of approximately 262 residents, with a median age of 37.
What schools are near Woorinen?
There are 2 schools within roughly 5km of Woorinen. Their average ICSEA is a little above the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Woorinen affordable to buy in?
A median house in Woorinen costs about 6.7 times the median local household income (broadly in line with metropolitan Australia). 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 Woorinen's population growing?
The population of Woorinen 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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