Wandana Heights VIC Property Investment

Greater Geelong · 3216

Median House Price
$993K
Rental Yield
3.9%
Vacancy Rate
2.4%
Median Weekly Rent
$750/wk
Median Unit Price
$602K
Population
2,195
Days on Market
46 days
Annual Growth
13.1%

Wandana Heights Short-Term Rental (Airbnb) Market

Avg Nightly Rate
$156/night
Occupancy Rate
%
Est. Annual Revenue
$37K

Estimated revenue assumes year-round availability. Non-hosted short-stays are night-capped in some councils (e.g. 60 nights across most of Byron Shire, 180 in Ballina, Muswellbrook and parts of Greater Sydney) and levied in Victoria — the legal cap can cut achievable income well below this figure. Run STR Check for the rules on a specific address.

Macro Environment

Macro Indicators

Cash Rate

4.6%

▲ 0.25%

Cash rate as at 2026-09-30 · Credit data 2026-07

Suburb Supply & Demand

Suburb Supply Pipeline — New Dwelling Approvals

3,112

2020

4,862

2021

4,026

2022

3,341

2023

2,595

2025

New dwelling approvals — higher numbers mean more future supply

Socio-Economic Profile

Source: ABS Census 2021

SEIFA Index · Postcode 3216

Most disadvantagedLeast disadvantaged

Decile 8 of 10 — Low disadvantage

Population

60,123

Education (IEO)

8/10

Econ. Resources (IER)

6/10

10-Year Investment Projection

Modelled on Wandana Heights VIC data — rent, capital growth, tax, and depreciation over 10 years.

Pre-filled: $750/wk median rent for Wandana Heights. Capital growth and rent increase are editable assumptions.

Schools

In your catchment

Highton Primary School
PrimaryGovernment
8.2/10
Belmont High School
SecondaryGovernment
6.9/10
Matthew Flinders Girls Secondary College
SecondaryGovernment
6.7/10

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.

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Data sourced from ABS, state government property sales, and Airbnb market analytics. For informational purposes only — not financial advice.