West Wodonga VIC

Postcode 3690 · Wodonga LGA

West Wodonga is a well-established suburb in Victoria within the Wodonga local government area (postcode 3690). With a population of 14,794, the suburb has an established demographic with a median age of 39. Households earn a median income of $76K per year, with an average household size of 2.4 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are Australian, English, Irish.

The median house price in West Wodonga is $550,000, having risen modestly 0.8% over the past year. Units have a median price of $375,000 (+4.2% YoY). The current median weekly rent is $450. This gives a gross rental yield of approximately 4.3%. 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 offers a gross rental yield of 4.3%, rated as moderate yield. Property prices sit below the state median ($550K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 7.3x is considered moderate. House prices have moved +0.8% year-on-year.

INVESTMENT SIGNALS
Rental Yield4.3% Moderate Yield
Price vs State$550K/$875K Below Median
Affordability7.3x Moderate
Price Momentum+0.8% Stable
INCOME (ATO 2022-23)
Median Income$57,249
Mean Income$63,417
Earners10,033
YoY Change+5.8%
SEIFA INDEX (ABS)
Advantage3/10
Education3/10
Economic3/10
Disadvantage2/10
MEDIAN HOUSE
$550K
0.8% YoY
MEDIAN UNIT
$375K
4.2% YoY
MEDIAN RENT /WK
$290
POPULATION
14,794
DEMOGRAPHICS
Median Age39
Household Size2.4
HH Income /wk$1,452
Personal Income /wk$757
Mortgage /mth$1,365
CRIME (Wodonga LGA)
Crime Rate (per 100k)9,334
Total Incidents4,260
TRANSPORT
Bus Stops69
SCHOOLS (3)
Avg ICSEA960
Total Students1,402
Independent1
Government2
Victory Lutheran CollegeCombined · Independent · ICSEA 1070
Melrose Primary SchoolPrimary · Government · ICSEA 877
Belvoir SchoolSpecial · Government · ICSEA 934
Data: 2024