Wandin North (postcode 3139) is a smaller suburb in Victoria within the Yarra Ranges local government area. It is home to about 3,132 residents, with an established family demographic and a median age of 39. Households earn a median income of $102K per year, with an average household size of 2.8 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.7% year-on-year at the LGA level. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are technicians & trades, professionals, managers. Employment in the area leans toward construction and healthcare. The top ancestries reported are English, Australian, Scottish.
The median house price in Wandin North is $440,000, broadly unchanged over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 7.1%. The median monthly mortgage repayment is $1,950.
Wandin North is served by 2 schools, including 2 primary. The average ICSEA score is 1012, which is around the national average of 1,000. Public transport access includes 1 rail station, 14 bus stops. The crime rate in the Yarra Ranges LGA is moderate at 5,164 incidents per 100,000 population.
Looking at the investment signals, Wandin North shows a gross rental yield of approximately 7.1%, rated as high yield. Property prices sit below the state median ($440K/$875K), which can point to relative value. The price-to-income ratio of 4.3x is considered affordable. House prices have moved +0.0% year-on-year. Population growth of +0.7% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.