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Suburb Insights ยท VIC 3995

Wonthaggi 3995, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Wonthaggi is a regional centre in Victoria, Australia, with a population of approximately 5,215, making it a smaller community. Located approximately 105 km from the Melbourne CBD, Wonthaggi is a regional area in Victoria. The median household income is $44,304 AUD per year (ABS 2021 Census).

Investment Score

34 / 100 Weak

Household earnings in Wonthaggi are below the state average, which may affect long-term capital growth. Distance from major centres is a consideration, though regional markets can offer higher rental yields.

Location

Map shows Wonthaggi, Victoria, Australia.

Key Indicators

Postcode
3995

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

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Population
5,215

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

ABS Census Data โ†’
Median Rent (weekly)
$270/wk

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

State Rental Authority โ†’
Median Household Income
$44,304/yr

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

ABS Census Data โ†’
Distance to CBD
105 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
2

Estimated 2 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,198/mo

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

ABS Census Data โ†’
Dwelling Type
76% 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, Wonthaggi 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 $270/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,198/month. 76% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

Long-term holding in Wonthaggi requires careful assessment of local economic resilience.

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Rental Yield

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

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Renovation / Flip

Limited buyer depth in Wonthaggi makes flip strategies higher-risk โ€” consider rental conversion instead.

Risk Factors

Run the numbers on a Wonthaggi property

Full Property Analysis

30-year projections for Wonthaggi

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2026 Outlook

Growth: Low Rental Demand: Moderate Investor Sentiment: Low

Price movement in Wonthaggi is expected to be flat to modest in 2026, reflecting broader regional market conditions. Tenants in Wonthaggi have options โ€” presenting well-maintained properties is key to minimising vacancy. Investor sentiment toward Wonthaggi is currently lukewarm โ€” value hunters may find opportunity here.

Frequently Asked Questions

Is Wonthaggi a good suburb for investment?

Wonthaggi is a regional area in Victoria with a population of 5,215. The median rent is $270/week and the median household income is $44,304/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 Wonthaggi?

Key demand drivers in Wonthaggi include regional employment hubs, lifestyle, and affordability. 76% of dwellings are separate houses. The area has approximately 1 schools and 2 parks nearby.

What is the population of Wonthaggi?

According to the ABS 2021 Census, Wonthaggi has a population of approximately 5,215. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Wonthaggi from the Melbourne CBD?

Wonthaggi is approximately 105 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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