Free full calculator →
Suburb Insights · VIC 3744

Wandiligong, VIC 3744 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Wandiligong is a regional centre in Victoria, Australia, with a population of approximately 522, making it a boutique locality. Located approximately 212 km from the Melbourne CBD, Wandiligong is a regional area in Victoria. The median household income is $83,980 per year.

Investment Score

39 / 100 Weak

Wandiligong has a solid income profile that supports reliable occupancy rates. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.

Location

Melbourne
Wandiligong
Victoria · 3744
212 km from Melbourne CBD
View on Google Maps ↗

Key Indicators

Postcode
3744

Official Australia Post postcode for Wandiligong. A postcode may cover multiple suburbs.

Australia Post Postcode Finder →
Population
522

Usual resident population at the most recent census.

Median weekly rent
$275/wk

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$83,980/yr

Annual median household income (before tax) across all households.

Distance to CBD
212 km

Straight-line distance from the suburb centroid 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.

Find schools near Wandiligong on My School →
Parks & green spaces
1

Estimated 1 park and green spaces near this suburb.

Median monthly mortgage
$1,400/mo

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
68% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Investment Insight

Wandiligong is a smaller community of 522 — about 7% of the Victoria suburb median (7,416) — so investors should factor in the narrower buyer pool and longer average time-on-market. Household income of $83,980/year is 12% below the Victoria median of $95,160, typically translating into lower entry prices and a tenant base more sensitive to rent increases. Rent of $275/week (85% coverage of the $1,400/month median mortgage) leaves a gap of roughly $208/month that a typical investor bridges with negative gearing, depreciation and capital growth. Wandiligong is 212 km from Melbourne, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand.

Wandiligong vs Victoria Median

How Wandiligong stacks up against the median of all Victoria suburbs in our dataset. Positive values mean Wandiligong sits above the state median; negative means below.

MetricWandiligongVIC medianΔ vs state
Population5227,416-93%
Median household income$83,980/yr$95,160/yr-12%
Median rent (weekly)$275$380-28%
Median mortgage (monthly)$1,400$1,950-28%
Distance to CBD212 km32 km+563%
Separate houses68%78%-10pp

Investor Checklist

Pre-inspection briefing for Wandiligong — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

Buy & Hold

Limited buy-and-hold upside: a small population of 522 means liquidity is thin and capital growth tends to lag the wider Victoria market over full cycles.

Rental Yield

Strong rental coverage: $275/week (~$1,192/month) covers 85% of the $1,400/month median mortgage repayment, so the shortfall sits at just $208/month. Investors targeting positive cash flow should shortlist this suburb.

Renovation / Flip

Only 68% of dwellings are separate houses (vs 78% VIC median) — this is a unit and townhouse market, where cosmetic flips struggle against body-corporate restrictions, thinner after-reno uplift and competing new supply.

Risk Factors

Run the numbers on a Wandiligong property

Full Property Analysis

30-year projections for Wandiligong

Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.

Create free account →
Or jump straight to a calculator: Loan Serviceability First Home Buyer Grants

2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital-growth expectations for Wandiligong are modest for 2026 — incomes 12% below the VIC median of $95,160 and a population of 522 suggest gains will lag headline metro markets. Rental coverage runs at ~85% of the typical mortgage ($1,192/month rent vs $1,400/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 39/100 places Wandiligong in the lower tier of Australian suburbs we profile, and overall investor sentiment is cautious heading into the second half of 2026.

Share your experience of Wandiligong

Lived in Wandiligong? Help other investors with an honest 100-word review. Sign-in required; all reviews are manually moderated before they appear.

Frequently Asked Questions

Is Wandiligong a good suburb for investment?

Wandiligong scores 39/100 on our EquitySight investment framework — a weak rating. That score is driven by a population of 522, median household income of $83,980/year and median weekly rent of $275. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.

What drives property demand in Wandiligong?

The main demand drivers in Wandiligong are a median household income of $83,980/year, a dwelling mix that is 68% separate houses, roughly 1 schools and 1 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.

What is the population of Wandiligong?

Wandiligong has a usual resident population of approximately 522, compared with a Victoria suburb median of 7,416 — placing it in the lower half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.

How far is Wandiligong from the Melbourne CBD?

Wandiligong sits 212 km straight-line from the Melbourne CBD. This is a regional market where CBD distance is only indicative — local industry diversity and commute alternatives matter more.

What is the median rent in Wandiligong?

The most recent census recorded a median weekly rent of $275 in Wandiligong, equating to approximately $14,300/year in gross rental income (state median $380/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.

What is the typical mortgage repayment in Wandiligong?

The median monthly mortgage repayment in Wandiligong is $1,400, or approximately $16,800/year (vs $1,950/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.

Is Wandiligong cash-flow positive for investors?

A median weekly rent of $275 works out to $1,192/month, covering 85% of the median mortgage repayment of $1,400/month. That leaves a $208/month shortfall (around $2,496/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.

What are the main risks of investing in Wandiligong?

The main risks are a thin buyer pool (522 residents), interest-rate sensitivity on the $1,400 median mortgage, the broader Victoria market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.

How we built this Wandiligong profile

Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.

Nearby Suburbs

Victoria Property Resources