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Wunghnu, VIC 3635
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$730,000
list-price estimate
Median Unit
$645,000
Gross Yield (houses)
4.1%
1yr Growth
-
Investment snapshot for Wunghnu
Wunghnu has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Wunghnu market and investor summary
In Wunghnu, VIC 3635, houses show a gross rental yield of 4.1%. At 4.0% vacancy, it is a softer rental market with more choice for tenants.
For an investor, the rent-to-price profile sits mid-range: a gross house yield near 4.1% is neither a standout cashflow play nor a pure growth bet. Demand is softer at 4.0% vacancy, so longer gaps between tenants are more likely and worth building into the numbers.
Living in Wunghnu: people, income and schools
About 326 people live in Wunghnu, a number that has held fairly steady over five years. At a median age of 49, it reads as skewed a little older, and 86% 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 $71,000 a year (about $1,360 a week). On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). Incomes have risen about 13% over five years, which tends to underpin what local buyers can pay.
There is 1 school within about 5km, testing below the national school average on ICSEA. It is fairly car-dependent; the suburb scores 10 for walkability out of 100. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 326
- -1% over 5yr
- Median age
- 49 years
- Median household income
- $71,000/yr
- Households renting
- 13%
- Family households
- 66%
- Socio-economic rank
- 4/10
- ABS advantage index
- Schools within 5km
- 1
- avg ICSEA 945
- Unemployment
- 3.2%
- Walk score
- 10/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Wunghnu
No properties currently listed in Wunghnu
Search Wunghnu listings →Frequently asked questions about Wunghnu
What should I check before investing in Wunghnu?
Wunghnu has enough public data for first-pass screening across yield, vacancy, price and supply signals. House gross rental yield of 4.1% gives a usable rent-to-price starting point. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Wunghnu?
The median property price in Wunghnu, VIC 3635 is $645K for units.
What rental yield does Wunghnu show?
The gross rental yield in Wunghnu is 4.1% for houses and 3.3% for units. 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 Wunghnu?
The current vacancy rate in Wunghnu is 4.0%. A rate under 2% generally signals a tight rental market. This suburb's rental market is softer, with tenants having more choice and rents possibly under pressure.
How many people live in Wunghnu?
Wunghnu has a population of approximately 326 residents, with a median age of 49.
What schools are near Wunghnu?
There are 1 school within roughly 5km of Wunghnu. Their average ICSEA is below the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Wunghnu's population growing?
The population of Wunghnu 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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