This property is Off Market
With an average age of 42, households expect an average monthly mortgage payment of $1,517 or a weekly rent payment of $330. The average family earns a weekly income of $1,974 with a typical household size of 2.5 and a 96.23% employment rate.
In West Wodonga there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Incomes in West Wodonga are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The slightly lower than average earnings from occupations in West Wodonga changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in West Wodonga to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in West Wodonga we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make West Wodonga a better buying opportunity than it may have been in the past.
(Country of Birth not stated 1%)
West Wodonga a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Victoria State average 44 / 100
Income
44 / 100
52 / 100
Industry
11 / 100
17 / 100
Population
22 / 100
32 / 100
House Prices
00 / 100
70 / 100
Jobs
25 / 100
34 / 100
Incidents Trend State Average
Wodonga Primary School
Wodonga, VIC, 3689 State Prep-6
Catholic College Wodonga
Wodonga, VIC, 3690 Independent 7-12
Melrose Primary School
West Wodonga, VIC, 3690 State Prep-6
Grace Christian College Wodonga
Leneva, VIC, 3691 Independent Prep-12
Wodonga West Primary School
Wodonga, VIC, 3689 State Prep-6
Wodonga Senior Secondary College
Wodonga, VIC, 3690 State 8-12
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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