Wycheproof is a small community in Victoria within the Buloke local government area (postcode 3527). With a population of 610, the suburb has an older demographic with a median age of 56. Households earn a median income of $53K per year, with an average household size of 2 people. The most common occupations are managers, professionals, labourers. The top ancestries reported are English, Australian, Scottish.
The median house price in Wycheproof is $265,000, having surged 30.2% over the past year. The current median weekly rent is $280. This gives a gross rental yield of approximately 5.5%. The median monthly mortgage repayment is $650.
Wycheproof is served by 1 school, including 1 combined. The average ICSEA score is 992, which is around the national average of 1,000. Public transport access includes 3 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Buloke LGA is moderate at 4,877 incidents per 100,000 population.
From an investment perspective, Wycheproof offers a gross rental yield of 5.5%, rated as high yield. Property prices sit below the state median ($265K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 5.0x is considered affordable. House prices have moved +30.2% year-on-year.
Wycheproof is a small community in Victoria within the Buloke local government area (postcode 3527). With a population of 610, the suburb has an older demographic with a median age of 56. Households earn a median income of $53K per year, with an average household size of 2 people. The most common occupations are managers, professionals, labourers. The top ancestries reported are English, Australian, Scottish.
The median house price in Wycheproof is $265,000, having surged 30.2% over the past year. The current median weekly rent is $280. This gives a gross rental yield of approximately 5.5%. The median monthly mortgage repayment is $650.
Wycheproof is served by 1 school, including 1 combined. The average ICSEA score is 992, which is around the national average of 1,000. Public transport access includes 3 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Buloke LGA is moderate at 4,877 incidents per 100,000 population.
From an investment perspective, Wycheproof offers a gross rental yield of 5.5%, rated as high yield. Property prices sit below the state median ($265K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 5.0x is considered affordable. House prices have moved +30.2% year-on-year.