Wyndham Vale is a large suburb in Victoria within the Wyndham local government area (postcode 3024). With a population of 20,518, the suburb has a young professional demographic with a median age of 31. Households earn a median income of $92K per year, with an average household size of 3 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are Australian, English, Indian.
The median house price in Wyndham Vale is $585,000, having risen modestly 0.3% over the past year. Units have a median price of $487,000 (+1.5% YoY). The current median weekly rent is $480. This gives a gross rental yield of approximately 4.3%. The median monthly mortgage repayment is $1,733.
Wyndham Vale is served by 4 schools, including 3 primary, 1 combined. The average ICSEA score is 997, which is around the national average of 1,000. Public transport access includes 63 bus stops. The crime rate in the Wyndham LGA is moderate at 7,001 incidents per 100,000 population.
From an investment perspective, Wyndham Vale offers a gross rental yield of 4.3%, rated as moderate yield. Property prices sit below the state median ($585K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 6.4x is considered moderate. House prices have moved +0.3% year-on-year.
Wyndham Vale is a large suburb in Victoria within the Wyndham local government area (postcode 3024). With a population of 20,518, the suburb has a young professional demographic with a median age of 31. Households earn a median income of $92K per year, with an average household size of 3 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are Australian, English, Indian.
The median house price in Wyndham Vale is $585,000, having risen modestly 0.3% over the past year. Units have a median price of $487,000 (+1.5% YoY). The current median weekly rent is $480. This gives a gross rental yield of approximately 4.3%. The median monthly mortgage repayment is $1,733.
Wyndham Vale is served by 4 schools, including 3 primary, 1 combined. The average ICSEA score is 997, which is around the national average of 1,000. Public transport access includes 63 bus stops. The crime rate in the Wyndham LGA is moderate at 7,001 incidents per 100,000 population.
From an investment perspective, Wyndham Vale offers a gross rental yield of 4.3%, rated as moderate yield. Property prices sit below the state median ($585K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 6.4x is considered moderate. House prices have moved +0.3% year-on-year.