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Suburb Insights ยท VIC 3891

Wangarabell 3891, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Wangarabell is a regional centre in Victoria, Australia, with a population of approximately 8, making it a boutique locality. Located approximately 401 km from the Melbourne CBD, Wangarabell is a regional area in Victoria. The median household income is $37,700 AUD per year (ABS 2021 Census).

Investment Score

27 / 100 Weak

Lower income levels in Wangarabell typically translate to more affordable entry points for investors. As a regional location, growth prospects depend on local economic conditions and infrastructure investment.

Location

Map shows Wangarabell, Victoria, Australia.

Key Indicators

Postcode
3891

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

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Population
8

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

ABS Census Data โ†’
Median Rent (weekly)
N/A

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

State Rental Authority โ†’
Median Household Income
$37,700/yr

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

ABS Census Data โ†’
Distance to CBD
401 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)
N/A

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

ABS Census Data โ†’
Dwelling Type
N/A

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, Wangarabell 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.

Investment Strategy

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Buy & Hold

Buy-and-hold in Wangarabell carries higher risk due to limited demand drivers and slower growth fundamentals.

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Rental Yield

Rental yields in Wangarabell tend to be lower โ€” investors may need to rely on capital growth instead.

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Renovation / Flip

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

Risk Factors

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Full Property Analysis

30-year projections for Wangarabell

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital growth in Wangarabell may remain subdued in 2026, with limited demand drivers in the near term. Rental demand may be softer โ€” budgeting for vacancy periods is prudent in Wangarabell's 2026 outlook. Wangarabell is not a headline market, but contrarian investors may see long-term potential.

Frequently Asked Questions

Is Wangarabell a good suburb for investment?

Wangarabell is a regional area in Victoria with a population of 8. the median household income is $37,700/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 Wangarabell?

Key demand drivers in Wangarabell include regional employment hubs, lifestyle, and affordability. The area has approximately 1 schools and 1 parks nearby.

What is the population of Wangarabell?

According to the ABS 2021 Census, Wangarabell has a population of approximately 8. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Wangarabell from the Melbourne CBD?

Wangarabell is approximately 401 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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