Suburb Overview

Wootong Vale is a regional centre in Victoria, Australia, with a population of approximately 32, making it a boutique locality. Located approximately 285 km from the Melbourne CBD, Wootong Vale is a regional area in Victoria. The median household income is $117,000 per year.

Location

Melbourne
Wootong Vale
Victoria · 3315
285 km from Melbourne CBD
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Key Indicators

Postcode
3315

Postcode for Wootong Vale, from a community postcode dataset cross-checked against Australia Post. A postcode may cover multiple suburbs.

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Population
32

Usual resident population at the most recent census.

Median weekly rent
N/A

A current median rent has not been published for this suburb.

Median household income
$117,000

Annual median household income (before tax) across all households.

Distance to CBD
285 km

Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.

Housing

Median monthly mortgage
N/A

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
122% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Investment Insight

Wootong Vale is a smaller community of 32 — about 0% of the Victoria suburb median (7,416) — so investors should factor in the narrower buyer pool and longer average time-on-market. Median household income of $117,000/year runs 23% above the Victoria suburb median of $95,160, indicating strong purchasing power and the type of demographic profile that tends to sustain premium property prices through market cycles. Wootong Vale is 285 km from Melbourne, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand. Separate houses make up 122% of dwellings — 44 percentage points above the Victoria median of 78% — pointing to a family-oriented, land-rich market where value is concentrated in the underlying block.

Wootong Vale vs Victoria Median

How Wootong Vale stacks up against the median of all Victoria suburbs in our dataset. Positive values mean Wootong Vale sits above the state median; negative means below.

MetricWootong ValeVIC medianΔ vs state
Population327,416-100%
Median household income$117,000/yr$95,160/yr+23%
Distance to CBD285 km32 km+791%
Separate houses122%78%+44pp

Investor Checklist

Pre-inspection briefing for Wootong Vale — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

Buy & Hold

Limited buy-and-hold upside: a small population of 32 means liquidity is thin and capital growth tends to lag the wider Victoria market over full cycles.

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Rental Yield

Median rental data was not captured for Wootong Vale. Use current realestate.com.au and Domain listings to triangulate a realistic weekly rent before committing, then feed that number into our rental yield calculator.

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Renovation / Flip

With 122% houses in a 32-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.

Risk Factors

Run the numbers on a Wootong Vale property

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital-growth expectations for Wootong Vale are modest for 2026 — incomes 23% above the VIC median of $95,160 and a population of 32 suggest gains will lag headline metro markets. Rental fundamentals will need to be verified against live listings, as a clean median rent was not recorded for Wootong Vale. Overall investor sentiment for Wootong Vale is cautious heading into the second half of 2026, based on its income, rent and mortgage profile relative to the Victoria median.

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Frequently Asked Questions

Is Wootong Vale a good suburb for investment?

Whether Wootong Vale suits you depends on your strategy, but the fundamentals are concrete: a population of 32, a median household income of $117,000/year. Weigh those against your goal — cash flow, capital growth, or a value-add renovation — each of which we break down with suburb-specific ABS numbers elsewhere on this page.

What drives property demand in Wootong Vale?

The main demand drivers in Wootong Vale are an above-state-median household income of $117,000/year, a dwelling mix that is 122% separate houses. Together these shape both owner-occupier and tenant demand.

What is the population of Wootong Vale?

Wootong Vale has a usual resident population of approximately 32, 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.

How far is Wootong Vale from the Melbourne CBD?

Wootong Vale sits 285 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.

What is the median rent in Wootong Vale?

A reliable median rent was not captured for Wootong Vale. Benchmark expected weekly rent on realestate.com.au and Domain, or the state rental tribunal's rent dashboard. Most Australian investors target a 4–5% gross yield as a baseline.

What is the typical mortgage repayment in Wootong Vale?

A reliable median mortgage figure was not captured for Wootong Vale. Use our loan serviceability calculator to estimate a realistic monthly repayment for your target purchase price and deposit.

Is Wootong Vale cash-flow positive for investors?

Census data was not complete enough in Wootong Vale to compute a clean rent-to-mortgage coverage. Use current listings to benchmark weekly rent, then plug your expected purchase price into our rental yield calculator to see whether the investment runs cash-flow positive or negative.

What are the main risks of investing in Wootong Vale?

The main risks are a thin buyer pool (32 residents), interest-rate sensitivity, the broader Victoria market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.

How we built this Wootong Vale profile

The population, postcode, median household income, and dwelling mix on this page are real figures from the ABS 2021 Census (income is the ABS median weekly household income annualised) and Australia Post. Distance to the CBD is calculated from the suburb's ABS centroid. The Census median rent and mortgage repayment are 2021 figures and are clearly labelled as such wherever they appear — they are five years old and have moved substantially since. We do not publish an investment score or school/park counts for this suburb. See our methodology and data sources for exactly what's measured and what's estimated.

Nearby Suburbs

Victoria Property Resources