EquitySight.app
Free full calculator →
EquitySight.app
Free full calculator →
ABS 2021 Census · Updated 21 May 2026
Willung South is a regional centre in Victoria, Australia, with a population of approximately 146, making it a boutique locality. Located approximately 173 km from the Melbourne CBD, Willung South is a regional area in Victoria. The median household income is $94,224 per year.
Strong household incomes in Willung South underpin solid property demand. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.
Official Australia Post postcode for Willung South. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at the most recent census.
Weekly median rent for occupied homes. Live rental data integration coming soon.
Annual median household income (before tax) across all households.
Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 1 school within or near this suburb.
Find schools near Willung South on My School →Estimated 1 park and green spaces near this suburb.
Monthly median mortgage repayment for households currently paying off a mortgage.
Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.
Willung South is a smaller community of 146 — about 2% of the Victoria suburb median (7,416) — so investors should factor in the narrower buyer pool and longer average time-on-market. At $94,224/year, household income in Willung South is within 1% of the Victoria median ($95,160), placing the suburb firmly in the state's mainstream demographic band. Median weekly rent of $350 equates to $1,517/month — about 99% of the median mortgage repayment of $1,530/month — meaning rental income covers most of a typical owner's repayment and this is a genuine cash-flow suburb before tax benefits. Willung South is 173 km from Melbourne, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand.
How Willung South stacks up against the median of all Victoria suburbs in our dataset. Positive values mean Willung South sits above the state median; negative means below.
| Metric | Willung South | VIC median | Δ vs state |
|---|---|---|---|
| Population | 146 | 7,416 | -98% |
| Median household income | $94,224/yr | $95,160/yr | -1% |
| Median rent (weekly) | $350 | $380 | -8% |
| Median mortgage (monthly) | $1,530 | $1,950 | -22% |
| Distance to CBD | 173 km | 32 km | +441% |
| Separate houses | 68% | 78% | -10pp |
Pre-inspection briefing for Willung South — every item is derived from public datasets, with full citations in our data sources page.
Limited buy-and-hold upside: a small population of 146 means liquidity is thin and capital growth tends to lag the wider Victoria market over full cycles.
Strong rental coverage: $350/week (~$1,517/month) covers 99% of the $1,530/month median mortgage repayment, so the shortfall sits at just $13/month. Investors targeting positive cash flow should shortlist this suburb.
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.
Run the numbers on a Willung South property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Capital-growth expectations for Willung South are modest for 2026 — incomes close to the VIC median of $95,160 and a population of 146 suggest gains will lag headline metro markets. Rental coverage runs at ~99% of the typical mortgage ($1,517/month rent vs $1,530/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 43/100 places Willung South in the mid tier of Australian suburbs we profile, and overall investor sentiment is cautious heading into the second half of 2026.
Lived in Willung South? Help other investors with an honest 100-word review. Sign-in required; all reviews are manually moderated before they appear.
Willung South scores 43/100 on our EquitySight investment framework — a moderate rating. That score is driven by a population of 146, median household income of $94,224/year and median weekly rent of $350. 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.
The main demand drivers in Willung South are a median household income of $94,224/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.
Willung South has a usual resident population of approximately 146, 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.
Willung South sits 173 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.
The most recent census recorded a median weekly rent of $350 in Willung South, equating to approximately $18,200/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.
The median monthly mortgage repayment in Willung South is $1,530, or approximately $18,360/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.
A median weekly rent of $350 works out to $1,517/month, covering 99% of the median mortgage repayment of $1,530/month. That leaves a $13/month shortfall (around $156/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.
The main risks are a thin buyer pool (146 residents), interest-rate sensitivity on the $1,530 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.
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.