Baranduda is a smaller suburb in Victoria within the Wodonga local government area (postcode 3691). With a population of 3,041, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $109K per year, with an average household size of 2.8 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are Australian, English, Scottish.
The median house price in Baranduda is $643,000, having grown strongly 5.3% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $1,684.
Baranduda is served by 2 schools, including 2 primary. The average ICSEA score is 1011, which is around the national average of 1,000. Public transport access includes 8 bus stops. The crime rate in the Wodonga LGA is higher than average at 9,334 incidents per 100,000 population.
From an investment perspective, Baranduda offers a gross rental yield of 3.6%, rated as moderate yield. Property prices are near the state median ($643K/$875K). The price-to-income ratio of 5.9x is considered affordable. House prices have moved +5.3% year-on-year.
Baranduda is a smaller suburb in Victoria within the Wodonga local government area (postcode 3691). With a population of 3,041, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $109K per year, with an average household size of 2.8 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are Australian, English, Scottish.
The median house price in Baranduda is $643,000, having grown strongly 5.3% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $1,684.
Baranduda is served by 2 schools, including 2 primary. The average ICSEA score is 1011, which is around the national average of 1,000. Public transport access includes 8 bus stops. The crime rate in the Wodonga LGA is higher than average at 9,334 incidents per 100,000 population.
From an investment perspective, Baranduda offers a gross rental yield of 3.6%, rated as moderate yield. Property prices are near the state median ($643K/$875K). The price-to-income ratio of 5.9x is considered affordable. House prices have moved +5.3% year-on-year.