Wattle Glen is a small community in Victoria within the Nillumbik local government area (postcode 3096). With a population of 1,911, the suburb has an established demographic with a median age of 42. Households earn a median income of $126K per year, with an average household size of 3 people. The most common occupations are professionals, technicians & trades, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Wattle Glen is $1.1 million, having surged 18% over the past year. The current median weekly rent is $540. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $2,167.
Wattle Glen is served by 1 school, including 1 primary. The average ICSEA score is 1055, which is above the national average of 1,000. Public transport access includes 3 rail stations. The crime rate in the Nillumbik LGA is below average at 3,681 incidents per 100,000 population.
From an investment perspective, Wattle Glen offers a gross rental yield of 2.7%, rated as low yield. Property prices are near the state median ($1.1M/$875K). The price-to-income ratio of 8.3x is considered moderate. House prices have moved +18.0% year-on-year.
Wattle Glen is a small community in Victoria within the Nillumbik local government area (postcode 3096). With a population of 1,911, the suburb has an established demographic with a median age of 42. Households earn a median income of $126K per year, with an average household size of 3 people. The most common occupations are professionals, technicians & trades, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Wattle Glen is $1.1 million, having surged 18% over the past year. The current median weekly rent is $540. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $2,167.
Wattle Glen is served by 1 school, including 1 primary. The average ICSEA score is 1055, which is above the national average of 1,000. Public transport access includes 3 rail stations. The crime rate in the Nillumbik LGA is below average at 3,681 incidents per 100,000 population.
From an investment perspective, Wattle Glen offers a gross rental yield of 2.7%, rated as low yield. Property prices are near the state median ($1.1M/$875K). The price-to-income ratio of 8.3x is considered moderate. House prices have moved +18.0% year-on-year.