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Suburb Insights ยท VIC 3518

Wedderburn 3518, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Wedderburn is a regional centre in Victoria, Australia, with a population of approximately 951, making it a boutique locality. Located approximately 197 km from the Melbourne CBD, Wedderburn is a regional area in Victoria. The median household income is $45,136 AUD per year (ABS 2021 Census).

Investment Score

24 / 100 Weak

Wedderburn'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 Wedderburn, Victoria, Australia.

Key Indicators

Postcode
3518

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

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Population
951

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

ABS Census Data โ†’
Median Rent (weekly)
$174/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
$45,136/yr

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

ABS Census Data โ†’
Distance to CBD
197 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)
$802/mo

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

ABS Census Data โ†’
Dwelling Type
66% 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, Wedderburn 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 $174/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $802/month.

Investment Strategy

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Buy & Hold

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

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Rental Yield

Achieving strong cash flow in Wedderburn is challenging at current rent-to-price ratios.

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Renovation / Flip

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

Risk Factors

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Full Property Analysis

30-year projections for Wedderburn

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

Wedderburn 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 Wedderburn's 2026 outlook. Sentiment is subdued, though improving local conditions could shift perceptions over time.

Frequently Asked Questions

Is Wedderburn a good suburb for investment?

Wedderburn is a regional area in Victoria with a population of 951. The median rent is $174/week and the median household income is $45,136/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 Wedderburn?

Key demand drivers in Wedderburn include regional employment hubs, lifestyle, and affordability. 66% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Wedderburn?

According to the ABS 2021 Census, Wedderburn has a population of approximately 951. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Wedderburn from the Melbourne CBD?

Wedderburn is approximately 197 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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