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Investment Property Wendouree, VIC, 3355

Suburb Snapshot

Wendouree is a suburb in the Ballarat Region of Victoria. Wendouree has a population of 10,447 people and 33.73% of its occupants live in rental accommodation. The median listing price for houses is $439,500 and this has changed -1.24% over the past year and changed -5.49% over 2 years.

The median rent in Wendouree for houses is $380 per week and the median rental yield is 4.49%. Stock on the market for houses/townhouses has changed -55.05% compared to last year and the average time to sell a house/townhouse is 121 days.The median listing price for units is $320,000 and this has changed -3.04% over the past year. The average unit takes 80 days to sell and the median rent for a unit in Wendouree is $300 per week, producing a rental yield of 4.87%.

Supply & Demand in Wendouree, Ballarat

1.21%

Current vacancy rate


66

Rental stock available


10,447

Population


33.73%

Rental population


0.92%

Current vacancy rate


515

Rental stock available


101,686

Population


27.33%

Rental population


0.94%

Current vacancy rate


29,256

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Wendouree, Ballarat

  House Townhouses Units
Median listing price $439,500 NA $320,000
Median price change - last quarter 1.03% NA 0.00%
Median price change - 1 year -1.24% NA -3.04%
Median price change - 2 years -5.49% NA -3.04%
  House Townhouses Units
Median weekly rent $380 NA $300
Median yield % 4.49% NA 4.87%
Median rent change - 1 year 5.55% NA 3.44%
  House Units
Previous month sales 14 4
Stock on market previous month 49 14
Stock variance vs. last year -55.05% 0.00%
Average days on market 121 80

Wendouree investment property listings

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