Wandin North VIC Property Investment
Cardinia · 3139 · Score: 61/100 · Hold
Wandin North VIC Investment Brief
HOLD — 2.0% gross yield on a $832,500–$985,255 (sources disagree, range shown — do NOT quote a single number) median.
THE MARKET
Wandin North has compounded at 5.3%/yr over 5 years. Median sits in the $832,500–$985,255 (sources disagree, range shown — do NOT quote a single number) band today. Properties are sitting on market for 32 days (roughly balanced conditions).
- Median house: $832,500–$985,255 (sources disagree, range shown — do NOT quote a single number) | Units: $697,282
- Gross yield: 2.0% | Net yield: 0.5%
- 5yr price CAGR: 5.3%/yr | 3yr forecast: 13.5%/yr
- Population: 3,132 | Owner-occupier rate: 88% | Affluence: Above Average
- Supply pipeline: Low — Price growth outpacing new supply, limited development pipeline
RENTAL SNAPSHOT
- Vacancy: 2.3% (improving) | Rental demand: High
- Median weekly rent: $390/wk | Days on market: 32 (stable)
- Balanced market — vacancy manageable but monitor trend.
SHORT-TERM RENTAL
Insufficient STR data for this suburb. Run a specific address analysis for property-level STR projections.
INFRASTRUCTURE & CATALYSTS
- Angliss Hospital Expansion (Under Delivery)
- Transport: Standard suburban transport access
BULL CASE
If Wandin North maintains 3%+ annual growth and vacancy stays below 1.6%, median prices could reach $1,145,715 within 3 years with yields compressing slightly as capital values rise.
BEAR CASE
A market correction or interest rate shock could see prices in Wandin North pull back 10-15% from $996,274, with vacancy rising to 4.1% and rental yields softening as tenants gain leverage.
KEY RISKS
- Bushfire risk: HIGH (planning_overlay) — confirm BAL rating and any bushfire overlay obligations for the property
COMPARABLE MARKETS
- St Albans (VIC): $731,405 median, 3.5% yield, 12.4% 1yr growth
- Noble Park (VIC): $825,401 median, 3.5% yield, 6.5% 1yr growth
- Springvale (VIC): $966,000 median, 3.2% yield, 9.1% 1yr growth
THE PLAY
Wandin North offers balanced fundamentals but does not present an urgent buying signal. The market is in a cooling phase with moderate vacancy risk. Monitor vacancy trends and price movements over the next 6-12 months. Only enter if a property can be acquired at or below median pricing with yields exceeding 4.0%.
- Entry range: $896,647 – $1,095,901
- Minimum gross yield to target: 4.5%
- Watch signal: vacancy dropping below 2% and days on market holding under 35
This analysis is for informational purposes only and does not constitute financial, legal, or investment advice. Seek professional advice before making investment decisions.
Gentrification Index
Growth Forecast
high confidenceBasis: 5yr CAGR 5.3% + 10yr CAGR 6.2%
- +Low rental vacancy (2.3%) — constrained supply
- −High supply pipeline (6437 new approvals) — may cap price growth
Suburb Metric Thresholds
Macro Environment
Macro Indicators
Cash Rate
4.35%
▲ 0.25%Cash rate as at 2026-05-06 · Credit data 2026-04
Suburb Supply & Demand
Suburb Supply Pipeline — New Dwelling Approvals
1,097
2020
1,458
2021
1,315
2022
1,136
2023
1,431
2025
New dwelling approvals — higher numbers mean more future supply
Socio-Economic Profile
Source: ABS Census 2021SEIFA Index · Postcode 3139
Decile 8 of 10 — Low disadvantage
Population
14,257
Education (IEO)
5/10
Econ. Resources (IER)
9/10
10-Year Investment Projection
Modelled on Wandin North VIC data — rent, capital growth, tax, and depreciation over 10 years.
Pre-filled: $390/wk median rent for Wandin North. Capital growth and rent increase are editable assumptions.
Schools
In your catchment
These are the government-school zones containing this suburb centroid. Specific addresses within the suburb may fall in different catchments — confirm with the school directly.
Nearby Suburbs
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Analyse a Property →Data sourced from ABS, state government property sales, and Airbnb market analytics. For informational purposes only — not financial advice.