Wimbledon Heights is a quiet locality in Victoria within the Bass Coast local government area (postcode 3922). With a population of 421, the suburb has a mature demographic with a median age of 45. Households earn a median income of $62K per year, with an average household size of 2.3 people. The most common occupations are technicians & trades, community & personal service, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Wimbledon Heights is $589,000, having declined 5% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $1,400.
The crime rate in the Bass Coast LGA is higher than average at 8,622 incidents per 100,000 population.
From an investment perspective, Wimbledon Heights offers a gross rental yield of 4.0%, rated as moderate yield. Property prices sit below the state median ($589K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 9.5x is considered moderate. House prices have moved -5.0% year-on-year.
Wimbledon Heights is a quiet locality in Victoria within the Bass Coast local government area (postcode 3922). With a population of 421, the suburb has a mature demographic with a median age of 45. Households earn a median income of $62K per year, with an average household size of 2.3 people. The most common occupations are technicians & trades, community & personal service, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Wimbledon Heights is $589,000, having declined 5% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $1,400.
The crime rate in the Bass Coast LGA is higher than average at 8,622 incidents per 100,000 population.
From an investment perspective, Wimbledon Heights offers a gross rental yield of 4.0%, rated as moderate yield. Property prices sit below the state median ($589K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 9.5x is considered moderate. House prices have moved -5.0% year-on-year.