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Suburb Insights ยท VIC 3096

Wattle Glen 3096, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Wattle Glen is a well-established middle-ring suburb of Melbourne, Australia, with a population of approximately 1,911, making it a boutique locality. Located approximately 26 km from the Melbourne CBD, Wattle Glen is a middle ring area in Victoria. The median household income is $126,100 AUD per year (ABS 2021 Census).

Investment Score

71 / 100 Good

Strong household incomes in Wattle Glen underpin solid property demand.

Location

Map shows Wattle Glen, Victoria, Australia.

Key Indicators

Postcode
3096

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

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Population
1,911

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

ABS Census Data โ†’
Median Rent (weekly)
$420/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
$126,100/yr

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

ABS Census Data โ†’
Distance to CBD
26 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
96% 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

Wattle Glen's middle-ring location balances affordability with accessibility. These suburbs often benefit from established infrastructure, good schools, and transport links โ€” making them attractive to families and long-term tenants. The median rent of $420/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $2,167/month. A median household income of $126,100/year supports premium property values and indicates a well-employed resident base. 96% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

Wattle Glen's established location and strong demographics make it well-suited to a long-term buy-and-hold strategy.

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Rental Yield

Expect competitive but not exceptional rental returns in Wattle Glen's current market.

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Renovation / Flip

The resale market in Wattle Glen may not support quick-turnaround renovation projects.

Risk Factors

Run the numbers on a Wattle Glen property

Full Property Analysis

30-year projections for Wattle Glen

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

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2026 Outlook

Growth: Strong Rental Demand: Moderate Investor Sentiment: Strong

Wattle Glen enters 2026 with positive growth momentum, supported by strong local demographics and sustained demand. The rental market in Wattle Glen should see steady occupancy, with moderate upward pressure on rents. Wattle Glen remains on the radar of active property investors in Victoria.

Frequently Asked Questions

Is Wattle Glen a good suburb for investment?

Wattle Glen is a middle ring area in Victoria with a population of 1,911. The median rent is $420/week and the median household income is $126,100/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 Glen?

Key demand drivers in Wattle Glen include established amenities and transport access. 96% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Wattle Glen?

According to the ABS 2021 Census, Wattle Glen has a population of approximately 1,911. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Wattle Glen from the Melbourne CBD?

Wattle Glen is approximately 26 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). This is within comfortable commuting range with good transport links.

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