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Wye River, VIC 3234
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$1,730,000
market range $775K-$1.8M
Median Unit
$410,000
Gross Yield (houses)
2.9%
1yr Growth
-
Investment snapshot for Wye River
Wye River has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Wye River market and investor summary
In Wye River, VIC 3234, the median house sells for around $1.7M, on a gross rental yield of 2.9% for houses.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.9% will not cover holding costs in the early years, so the case leans on price appreciation.
Living in Wye River: people, income and schools
About 67 people live in Wye River. At a median age of 48, it reads as skewed a little older, and 70% of homes are owner-occupied.
The typical household income runs to around $61,000 a year (about $1,170 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 28.3 times local household income, so affordability is a genuine constraint on local buyers. Locally, around 38% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.
It is fairly car-dependent; the suburb scores 9 for walkability and 1 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Premises.
- Population
- 67
- Median age
- 48 years
- Median household income
- $61,000/yr
- Households renting
- 30%
- Family households
- 35%
- Socio-economic rank
- 8/10
- ABS advantage index
- Walk score
- 9/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Wye River
No properties currently listed in Wye River
Search Wye River listings →Frequently asked questions about Wye River
What should I check before investing in Wye River?
Wye River 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 Wye River?
The median property price in Wye River, VIC 3234 is $1.7M for houses and $410K for units.
What rental yield does Wye River show?
The gross rental yield in Wye River is 2.9% for houses. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
How many people live in Wye River?
Wye River has a population of approximately 67 residents, with a median age of 48.
Is Wye River affordable to buy in?
A median house in Wye River costs about 28.3 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.
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