Wangaratta South

Wangaratta South, VIC 3678, is a small suburb with a population of 550. The population has shown stable growth over the past few years. The suburb has a diverse age distribution, with a significant number of residents falling in the age groups of 5 to 19 years and 45 to 64 years. The median household income is above average, indicating a relatively affluent community. The majority of residents commute by motor vehicle, while a notable percentage work from home. Wangaratta South presents a potential opportunity for property investors interested in houses. The suburb has a low stock on market rate, indicating a limited supply of properties. The median growth rate over recent years has been substantial, suggesting a positive investment outlook. The high rental yield and a relatively low discount median can be attractive to investors looking for rental income and capital growth. Wangaratta South offers a peaceful lifestyle in a growing community with good educational facilities. The suburb's property market, particularly houses, shows promising signs for investors seeking solid returns and capital appreciation. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022