Werribee is a major suburb in Victoria within the Wyndham local government area (postcode 3030). With a population of 50,027, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $86K per year, with an average household size of 2.7 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are English, Australian, Italian.
The median house price in Werribee is $615,000, having risen modestly 0.8% over the past year. Units have a median price of $429,000 (+1.3% YoY). The current median weekly rent is $480. This gives a gross rental yield of approximately 4.1%. The median monthly mortgage repayment is $1,733.
Werribee is served by 19 schools, including 11 primary, 5 secondary, 1 combined, 2 special. The average ICSEA score is 1018, which is around the national average of 1,000. Public transport access includes 17 rail stations, 230 bus stops. Healthcare facilities include 2 public and 2 private hospitals. The crime rate in the Wyndham LGA is moderate at 7,001 incidents per 100,000 population.
From an investment perspective, Werribee offers a gross rental yield of 4.1%, rated as moderate yield. Property prices are near the state median ($615K/$875K). The price-to-income ratio of 7.2x is considered moderate. House prices have moved +0.8% year-on-year.
Werribee is a major suburb in Victoria within the Wyndham local government area (postcode 3030). With a population of 50,027, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $86K per year, with an average household size of 2.7 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are English, Australian, Italian.
The median house price in Werribee is $615,000, having risen modestly 0.8% over the past year. Units have a median price of $429,000 (+1.3% YoY). The current median weekly rent is $480. This gives a gross rental yield of approximately 4.1%. The median monthly mortgage repayment is $1,733.
Werribee is served by 19 schools, including 11 primary, 5 secondary, 1 combined, 2 special. The average ICSEA score is 1018, which is around the national average of 1,000. Public transport access includes 17 rail stations, 230 bus stops. Healthcare facilities include 2 public and 2 private hospitals. The crime rate in the Wyndham LGA is moderate at 7,001 incidents per 100,000 population.
From an investment perspective, Werribee offers a gross rental yield of 4.1%, rated as moderate yield. Property prices are near the state median ($615K/$875K). The price-to-income ratio of 7.2x is considered moderate. House prices have moved +0.8% year-on-year.