Wedderburn, located in the Loddon Shire of Victoria, is a small town with a modest yet appealing housing market, reflecting its rural charm and historical roots. The town is known for its affordability when compared to urban centers, making it an attractive option for first-time homebuyers or those seeking a quieter lifestyle. Homes in Wedderburn typically range from quaint cottages to larger family houses, with many properties offering generous plots of land. This accessibility to land is a boon for gardening enthusiasts or those who simply crave space and privacy. The local real estate market has gradually evolved, with some interest from buyers looking for vacation properties or an investment in a quieter regional setting, which may lead to a potential increase in demand and property values over time.
Living in Wedderburn offers a peaceful and close-knit community atmosphere, with a distinct blend of rustic and contemporary lifestyles. The town is rich in history, originally established during the gold rush era, and this heritage is visibly celebrated through local attractions like the Wedderburn Gold Battery and historical walks. Residents enjoy a relaxed pace of life with access to essential amenities, including schools, medical facilities, and shops. Natural beauty surrounds the town, with opportunities for outdoor activities such as bushwalking, bird-watching, and exploring local flora and fauna at nearby nature reserves. This rural setting, coupled with the supportive community spirit, makes Wedderburn a desirable place for those who appreciate a simpler, more connected way of living.
Median Weekly Rent | $159.00 |
Median Monthly Mortgage | $726.00 |
Median Persons Per bed houseroom | 0.75 |
Average Household Size | 2.00 |
Average Age | 57.50 |
Average Income | $477.50 |
Average Cars Per Dwelling | 1.86 |
Average Properties Within 50M | 4 |
Typical 1 bed house | $248,000 |
Typical 2 bed house | $212,000 |
Typical 3 bed house | $312,000 |
Typical 4 bed house | $408,000 |
Typical 5 bed house | $384,000 |
Typical 6 bed+ house | $259,000 |
Housing Stock
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Thinking about buying in Wedderburn? Now could not be a better time, with 852 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $272,000 with prices in this suburb ranging from $30,000 to $841,000. The aproximate distance to the coast is 182 Km.
Consistent high demand relative to supply is a key feature in Wedderburn driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Wedderburn due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Wedderburn 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 Wedderburn to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Wedderburn the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Instant Property Valuation7025 Calder Hwy, Wedderburn, VIC, 3518 | 3 | 2 | 3 | $580,000 - $620,000 | |
4 Boundary Street, Wedderburn, VIC, 3518 | 4 | 2 | 4 | $650,000 to $700,000 | |
62 Ridge Street, Wedderburn, VIC, 3518 | 3 | 1 | 3 | $420,000 - $460,000 |
Wedderburn College
(While the above schools are located with the suburb of Wedderburn there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.1 | 15.3 | 32.9 | 20.1 | 72.9 | 3.8 | 27.4 |
Feb | 0.7 | 15.4 | 31.8 | 24.0 | 76.2 | 3.6 | 24.0 |
Mar | 0.9 | 12.8 | 27.7 | 30.9 | 83.8 | 3.2 | 18.7 |
Apr | 1.0 | 9.2 | 23.1 | 36.5 | 88.6 | 2.8 | 14.0 |
May | 1.2 | 6.5 | 18.1 | 49.7 | 95.7 | 2.8 | 10.2 |
Jun | 1.0 | 3.7 | 14.5 | 61.3 | 98.6 | 2.5 | 8.7 |
Jul | 1.1 | 3.7 | 14.1 | 61.9 | 98.2 | 3.0 | 8.6 |
Aug | 1.1 | 3.9 | 15.1 | 55.1 | 97.7 | 3.1 | 11.5 |
Sept | 1.2 | 5.3 | 19.1 | 43.5 | 95.9 | 3.2 | 16.0 |
Oct | 1.1 | 7.6 | 23.2 | 33.9 | 92.2 | 3.4 | 21.1 |
Nov | 1.2 | 10.6 | 27.2 | 26.0 | 87.0 | 3.6 | 24.4 |
Dec | 1.0 | 13.3 | 30.4 | 22.2 | 78.2 | 3.7 | 28.1 |
source: Australian Government Bureau of Meteorology
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