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Suburb Insights ยท VIC 3995

North Wonthaggi 3995, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

North Wonthaggi is a regional centre in Victoria, Australia, with a population of approximately 3,475, making it a boutique locality. Located approximately 101 km from the Melbourne CBD, North Wonthaggi is a regional area in Victoria. The median household income is $60,424 AUD per year (ABS 2021 Census).

Investment Score

34 / 100 Weak

North Wonthaggi's income profile suggests a value-oriented market with competitive purchase prices. As a regional location, growth prospects depend on local economic conditions and infrastructure investment.

Location

Map shows North Wonthaggi, Victoria, Australia.

Key Indicators

Postcode
3995

Official Australia Post postcode for North Wonthaggi. A postcode may cover multiple suburbs.

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Population
3,475

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$300/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$60,424/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
101 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,300/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
91% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

As a regional centre, North Wonthaggi serves a wide catchment area. Regional property can offer higher rental yields than metro equivalents, though investors should assess local employment diversity and infrastructure plans. The median rent of $300/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,300/month. 91% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

Long-term holding in North Wonthaggi requires careful assessment of local economic resilience.

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Rental Yield

North Wonthaggi can deliver reasonable rental income, though yields are not the primary draw.

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Renovation / Flip

Renovation or flip strategies in North Wonthaggi face headwinds from a smaller buyer pool and slower turnover.

Risk Factors

Run the numbers on a North Wonthaggi property

Full Property Analysis

30-year projections for North Wonthaggi

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

North Wonthaggi faces a cautious growth outlook for 2026 โ€” investors should focus on yield rather than short-term gains. Rental demand may be softer โ€” budgeting for vacancy periods is prudent in North Wonthaggi's 2026 outlook. North Wonthaggi is not a headline market, but contrarian investors may see long-term potential.

Frequently Asked Questions

Is North Wonthaggi a good suburb for investment?

North Wonthaggi is a regional area in Victoria with a population of 3,475. The median rent is $300/week and the median household income is $60,424/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in North Wonthaggi?

Key demand drivers in North Wonthaggi include regional employment hubs, lifestyle, and affordability. 91% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of North Wonthaggi?

According to the ABS 2021 Census, North Wonthaggi has a population of approximately 3,475. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is North Wonthaggi from the Melbourne CBD?

North Wonthaggi is approximately 101 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). As a regional or remote location, travel to the capital is significant โ€” local amenities and employment are important investment considerations.

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