Located in Victoria within the Wodonga local government area, West Wodonga is a well-established suburb (postcode 3690). It is home to about 14,794 residents, with an established demographic and a median age of 39. Households earn a median income of $76K per year, with an average household size of 2.4 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.2% 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 professionals, technicians & trades, community & personal service. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are Australian, English, Irish.
Median house prices in West Wodonga stand at $550,000, having edged higher by 0.8% over the last twelve months. Units have a median price of $388,000 (+3.3% YoY). The current median weekly rent is $530. This gives a gross rental yield of approximately 5.0%. The median monthly mortgage repayment is $1,365.
West Wodonga is served by 3 schools, including 1 primary, 1 combined, 1 special. The average ICSEA score is 960, which is around the national average of 1,000. Public transport access includes 69 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, West Wodonga shows a gross rental yield of approximately 5.0%, rated as high yield. Property prices sit below the state median ($550K/$875K), which can point to relative value. The price-to-income ratio of 7.3x is considered moderate. House prices have moved +0.8% year-on-year. Population growth of +1.2% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.