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Suburb Insights ยท VIC 3442

Woodend North 3442, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Woodend North is a regional centre in Victoria, Australia, with a population of approximately 315, making it a boutique locality. Located approximately 67 km from the Melbourne CBD, Woodend North is a regional area in Victoria. The median household income is $117,000 AUD per year (ABS 2021 Census).

Investment Score

53 / 100 Moderate

Strong household incomes in Woodend North underpin solid property demand. Distance from major centres is a consideration, though regional markets can offer higher rental yields.

Location

Map shows Woodend North, Victoria, Australia.

Key Indicators

Postcode
3442

Official Australia Post postcode for Woodend North. A postcode may cover multiple suburbs.

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Population
315

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

ABS Census Data โ†’
Median Rent (weekly)
$630/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
$117,000/yr

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

ABS Census Data โ†’
Distance to CBD
67 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)
$1,825/mo

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

ABS Census Data โ†’
Dwelling Type
94% 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, Woodend North 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 $630/week (ABS 2021) indicates a premium rental market. Owner-occupiers face a median mortgage repayment of $1,825/month. A median household income of $117,000/year supports premium property values and indicates a well-employed resident base. 94% 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 Woodend North could work well with careful property selection and a longer time horizon.

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Rental Yield

Woodend North's rental market favours investors seeking yield โ€” occupancy rates are typically strong in this area.

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Renovation / Flip

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

Risk Factors

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Full Property Analysis

30-year projections for Woodend North

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Moderate

Price movement in Woodend North is expected to be flat to modest in 2026, reflecting broader regional market conditions. The rental pipeline in Woodend North is thinner โ€” flexible lease terms could help secure tenants faster. Investor sentiment is cautiously optimistic โ€” selective opportunities exist for well-researched buyers.

Frequently Asked Questions

Is Woodend North a good suburb for investment?

Woodend North is a regional area in Victoria with a population of 315. The median rent is $630/week and the median household income is $117,000/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 Woodend North?

Key demand drivers in Woodend North include regional employment hubs, lifestyle, and affordability. 94% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Woodend North?

According to the ABS 2021 Census, Woodend North has a population of approximately 315. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Woodend North from the Melbourne CBD?

Woodend North is approximately 67 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). Road travel times will vary; check current mapping services for up-to-date routes.

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