Wandong, VIC 3758 is a growing suburb with a total population of 1,477. The demographic profile shows a mix of age groups, with a significant number of residents aged between 45 to 64 years. The suburb offers median household income above the national average, indicating a stable economic environment. Commute options predominantly include motor vehicles and some reliance on public transport, with a notable proportion working from home. For houses in Wandong, the market shows a high demand with a market absorption rate above 20%. The sale price median growth over the past three years indicates potential for capital appreciation. With a sale price IQR ratio suggesting variability in property prices, it may appeal to renovators. For units, the median growth rate over the past year is promising, although the affordability index is relatively lower compared to houses. Wandong presents investment opportunities in both houses and units. The suburb's strong market absorption rate for houses indicates high demand, while the growth potential in unit prices offers an alternative investment choice. The demographic mix and educational advantage signify a diverse community and a stable environment for homeowners and investors alike. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022