Wahgunyah is a small community in Victoria within the Indigo local government area (postcode 3687). With a population of 1,061, the suburb has a mature demographic with a median age of 49. Households earn a median income of $67K per year, with an average household size of 2.3 people. The most common occupations are technicians & trades, labourers, managers. The top ancestries reported are Australian, English, Irish.
The median house price in Wahgunyah is $214,000, having remained flat 0% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 11.0%. The median monthly mortgage repayment is $1,473.
Wahgunyah is served by 1 school, including 1 primary. The average ICSEA score is 989, which is around the national average of 1,000. Public transport access includes 6 bus stops. The crime rate in the Indigo LGA is below average at 3,341 incidents per 100,000 population.
From an investment perspective, Wahgunyah offers a gross rental yield of 11.0%, rated as high yield. Property prices sit below the state median ($214K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 3.2x is considered affordable. House prices have moved +0.0% year-on-year.
Wahgunyah is a small community in Victoria within the Indigo local government area (postcode 3687). With a population of 1,061, the suburb has a mature demographic with a median age of 49. Households earn a median income of $67K per year, with an average household size of 2.3 people. The most common occupations are technicians & trades, labourers, managers. The top ancestries reported are Australian, English, Irish.
The median house price in Wahgunyah is $214,000, having remained flat 0% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 11.0%. The median monthly mortgage repayment is $1,473.
Wahgunyah is served by 1 school, including 1 primary. The average ICSEA score is 989, which is around the national average of 1,000. Public transport access includes 6 bus stops. The crime rate in the Indigo LGA is below average at 3,341 incidents per 100,000 population.
From an investment perspective, Wahgunyah offers a gross rental yield of 11.0%, rated as high yield. Property prices sit below the state median ($214K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 3.2x is considered affordable. House prices have moved +0.0% year-on-year.