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Suburb Insights ยท VIC 3995

Wattle Bank 3995, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Wattle Bank is a regional centre in Victoria, Australia, with a population of approximately 250, making it a boutique locality. Located approximately 107 km from the Melbourne CBD, Wattle Bank is a regional area in Victoria. The median household income is $94,224 AUD per year (ABS 2021 Census).

Investment Score

42 / 100 Moderate

Strong household incomes in Wattle Bank underpin solid property demand. As a regional location, growth prospects depend on local economic conditions and infrastructure investment.

Location

Map shows Wattle Bank, Victoria, Australia.

Key Indicators

Postcode
3995

Official Australia Post postcode for Wattle Bank. A postcode may cover multiple suburbs.

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Population
250

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

ABS Census Data โ†’
Median Rent (weekly)
$204/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
$94,224/yr

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

ABS Census Data โ†’
Distance to CBD
107 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)
$2,167/mo

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

ABS Census Data โ†’
Dwelling Type
84% 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, Wattle Bank 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 $204/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $2,167/month. The median household income of $94,224/year reflects a solid demographic, supporting sustainable rental demand. 84% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

A buy-and-hold approach in Wattle Bank could work well with careful property selection and a longer time horizon.

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Rental Yield

Wattle Bank's rental market is softer โ€” budget for potential vacancy periods.

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Renovation / Flip

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

Risk Factors

Run the numbers on a Wattle Bank property

Full Property Analysis

30-year projections for Wattle Bank

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

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Price movement in Wattle Bank is expected to be flat to modest in 2026, reflecting broader regional market conditions. Rental demand may be softer โ€” budgeting for vacancy periods is prudent in Wattle Bank's 2026 outlook. Wattle Bank is not a headline market, but contrarian investors may see long-term potential.

Frequently Asked Questions

Is Wattle Bank a good suburb for investment?

Wattle Bank is a regional area in Victoria with a population of 250. The median rent is $204/week and the median household income is $94,224/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 Wattle Bank?

Key demand drivers in Wattle Bank include regional employment hubs, lifestyle, and affordability. 84% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Wattle Bank?

According to the ABS 2021 Census, Wattle Bank has a population of approximately 250. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Wattle Bank from the Melbourne CBD?

Wattle Bank is approximately 107 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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