Bandiana is a small community in Victoria within the Wodonga local government area (postcode 3691). With a population of 855, the suburb has a young demographic with a median age of 23. Households earn a median income of $105K per year, with an average household size of 3.1 people. The most common occupations are technicians & trades, community & personal service, professionals. The top ancestries reported are Australian, English, Scottish.
The median house price in Bandiana is $615,000, having increased 2.6% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 3.8%. The median monthly mortgage repayment is $1,517.
Bandiana is served by 1 school, including 1 primary. The average ICSEA score is 1000, which is around the national average of 1,000. The crime rate in the Wodonga LGA is higher than average at 9,334 incidents per 100,000 population.
From an investment perspective, Bandiana offers a gross rental yield of 3.8%, rated as moderate yield. Property prices are near the state median ($615K/$875K). The price-to-income ratio of 5.9x is considered affordable. House prices have moved +2.6% year-on-year.
Bandiana is a small community in Victoria within the Wodonga local government area (postcode 3691). With a population of 855, the suburb has a young demographic with a median age of 23. Households earn a median income of $105K per year, with an average household size of 3.1 people. The most common occupations are technicians & trades, community & personal service, professionals. The top ancestries reported are Australian, English, Scottish.
The median house price in Bandiana is $615,000, having increased 2.6% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 3.8%. The median monthly mortgage repayment is $1,517.
Bandiana is served by 1 school, including 1 primary. The average ICSEA score is 1000, which is around the national average of 1,000. The crime rate in the Wodonga LGA is higher than average at 9,334 incidents per 100,000 population.
From an investment perspective, Bandiana offers a gross rental yield of 3.8%, rated as moderate yield. Property prices are near the state median ($615K/$875K). The price-to-income ratio of 5.9x is considered affordable. House prices have moved +2.6% year-on-year.