Real Estate Wedderburn, VIC, 3518 Loddon

Thinking about buying in Wedderburn? Now could not be a better time, with a whopping 819 properties either residential or commercial there's certainly plenty to choose from.

The average property price for this area is $283,000 with prices in this suburb ranging from $42,000 to $594,000.

Distance to the coast is 187 Km.

Instant Valuation

Wedderburn Real Estate Market Outlook

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.

About

Household makeup

Median Weekly Rent $170.00
Median Monthly Mortgage $773.00
Median Persons Per Bedroom 0.77
Average Household Size 2.00
Average Age 47.00
Average Income $641.00
Average Cars Per Dwelling 2.57
Average Properties Within 50M 4.00

Typical Property Prices

3 Bed$350,000
4 Bed$425,000

Housing Stock

Houses for sale Wedderburn

PRD 24 REDE ST, WEDDERBURN, VIC, 3518 3 1 3 $400,000 - $440,000
RayWhite 82 HARPERS LANE, WEDDERBURN, VIC, 3518 2 1 3 New Price!! $450…

Local Schools

Wedderburn College

(While the above schools are located with the suburb of Wedderburn there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average


Wedderburn weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.115.332.920.172.93.827.4
Feb0.715.431.824.076.23.624.0
Mar0.912.827.730.983.83.218.7
Apr1.09.223.136.588.62.814.0
May1.26.518.149.795.72.810.2
Jun1.03.714.561.398.62.58.7
Jul1.13.714.161.998.23.08.6
Aug1.13.915.155.197.73.111.5
Sept1.25.319.143.595.93.216.0
Oct1.17.623.233.992.23.421.1
Nov1.210.627.226.087.03.624.4
Dec1.013.330.422.278.23.728.1

source: Australian Government Bureau of Meteorology



Internet Speed

Fibre to the Curb

Fibre to the Node

Fixed Wireless

Satellite


Nearby Suburbs

Skinners FlatWedderburn JunctionKurraca WestRichmond PlainsKurracaWoolshed FlatKorong ValeNine MileGlenalbynBerrimal


General Points of Interest

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