Wamboin
Household income at the 99th percentile nationally, yet a SEIFA IEO decile of just 2 and an IRSD decile of 3. That apparent contradiction defines Wamboin. The suburb's 1,805 residents earn exceptionally well, with median family income of $3,575 per week, because they are primarily public servants and professionals commuting to Canberra, not a locally educated workforce. Every dwelling here is a separate house on a large block, and 73.1% carry four or more bedrooms, consistent with the average household size of 3.0, which is 0.5 above the national figure. With 84.4% of residents having stayed put over five years, this is one of the most stable rural-fringe communities in the ACT corridor.
Population
1,805
Median Age
46.0
Household IncomeiMedian weekly household income (ABS Census)
$3,461/wk
DAs (12 months)iDevelopment Applications lodged in the past year
38
Median House
$1.6M
2024-2025 (PSI derived)
The median house price reached $1,650,000 on PSI data, with the 2024 recorded median at $1,662,500 falling to $1,550,000 in 2025, a 6.8% decline. Every home is a detached house, and 73.1% have four or more bedrooms, so buyers are almost always competing for large family dwellings on acreage. The mortgage-to-income ratio of 17.3% sits well below the 30% stress threshold, which explains why 51.1% of households carry mortgages without apparent financial strain. A further 42.9% own their homes outright, higher than the national average, signalling a long-established owner base. Monthly mortgage repayments average $2,600. With only 6.0% of dwellings renting, turnover is low and opportunities to buy come infrequently.
For Buyers
The median house price reached $1,650,000 on PSI data, with the 2024 recorded median at $1,662,500 falling to $1,550,000 in 2025, a 6.8% decline. Every home is a detached house, and 73.1% have four or more bedrooms, so buyers are almost always competing for large family dwellings on acreage. The mortgage-to-income ratio of 17.3% sits well below the 30% stress threshold, which explains why 51.1% of households carry mortgages without apparent financial strain. A further 42.9% own their homes outright, higher than the national average, signalling a long-established owner base. Monthly mortgage repayments average $2,600. With only 6.0% of dwellings renting, turnover is low and opportunities to buy come infrequently.
For Investors
A rental vacancy rate of 5.9% and a renter share of just 6.0% describe a market that is structurally owner-occupied. Weekly rent of $520 against a $1,550,000 median implies a gross yield below 1.8%, among the lowest for regional NSW. Demand drivers are mixed: net overseas migration adds 67 residents a year but net internal migration removes 36, for a thin positive balance. Population growth is 0.49% annually, which is slow compared to ACT-corridor growth areas. Development activity ran to 36 applications in the past 12 months, dominated by new dwelling constructions and additions rather than subdivisions. The investment case rests on capital preservation and the suburb's proximity to Canberra government employment, not on rental yield or tenant demand.
Development Activity
Total DAs
150
Last 12 Months
38
YoY ChangeiYear-over-year change in DA lodgements
+123.5%
Avg DA CostiAverage estimated cost per DA in the past year
N/A
Monthly DA Lodgements
DA Categories
Demographics
The median age of 46 sits 6.0 years above the national figure, and the trajectory is aging, with the senior share rising 3.4 points while the young share fell 2.2 points over the decade. Overseas-born residents at 14.8% are 6.8 points below the national rate, reflecting a predominantly Australian-born community. Ancestry is overwhelmingly Anglo-Celtic, led by English (827), Irish (263) and Scottish (225). University qualifications reach 47.7%, which is 17.6 percentage points above the national average. This education advantage reflects the public sector and professional occupational profile rather than a highly diverse migrant intake. Average household size of 3.0 is 0.5 above national, consistent with large family homes housing couples with children, who make up 616 of 1,563 families.
Age Distribution
Bedrooms
Dwelling Structure
100.0%
Houses
N/A
Townhouse
N/A
Apartment
Tenure
All 100% of Wamboin's dwellings are separate houses, with zero apartments or semi-detached properties recorded. This uniformity is rare even among acreage suburbs. The bedroom profile is top-heavy: 73.1% have four or more bedrooms and 21.5% have three, with only 5.4% at two bedrooms. Tenure splits clearly in favour of ownership: 42.9% own outright and 51.1% carry a mortgage, compared to just 6.0% renting. Median house prices moved from $1,662,500 in 2024 to $1,550,000 in 2025, a 6.8% fall. The mortgage-to-income ratio of 17.3% and rent-to-income of 15.0% both fall well below stress thresholds, indicating that high incomes comfortably service the housing costs despite the premium price level.
Median House Price Trend
Source: State Valuer-General
Mortgage / mo
$2,600
Rent / wk
$520
HH Size
3.0
Personal Income / wk
$1,362
Vacancy Ratei% of dwellings unoccupied on Census night (ABS 2021)
5.9%
Unoccupied
36
Rent / IncomeiMedian rent as % of household income. Over 30% = housing stress
15.0%
Mortgage / IncomeiMedian mortgage as % of household income. Over 30% = housing stress
17.3%
Community Profile
Ancestry
Household Composition
28.0%
Couples, no children
1,563
Total families
Economy & Employment
Public Admin dominates at 30.5% of workers (237 residents), reflecting Wamboin's role as an acreage satellite of the Canberra public service. Professional/Tech follows at 14.3% (111), Healthcare at 10.6% (82), Construction at 9.9% (77) and Education at 8.5% (66). By occupation, Professionals number 304 and Managers 228, together comprising the majority of employed residents. Full-time employment runs at 71.9% of those in work, and the unemployment rate is 3.1%, low relative to national benchmarks. Household income at the 99th percentile nationally reflects this concentrated high-income occupational base rather than a broad local economy. SEIFA IRSD sits at decile 3, below what household income alone would suggest, partly because the suburb's low density and rural infrastructure depress access-to-services scores.
Unemployment
3.8%
Labour Force
9,778
Unemployed
375
Quarterly Trend
Source: SALM Dec-25
Socio-Economic Indexes (SEIFA)iABS index ranking suburbs from 1 (most disadvantaged) to 10 (most advantaged)
Full-time
71.9%
Part-time
25.0%
Participation
66.2%
Employed
951
Occupations
Top Industries
University
47.7%
Postgraduate
15.8%
Born Overseas
14.8%
Dwellings
573
Transport to Work
Car dependence is extreme at 93.9% of commuters driving, with just 2.0% walking or cycling, reflecting the 86.53 km2 rural footprint and the absence of public transport infrastructure. No schools are recorded within the suburb boundary, so families rely on schools in neighbouring areas. Crime data is not available, but as an indirect indicator the IRSD decile of 3 suggests moderate relative disadvantage compared to national benchmarks, partly driven by service accessibility rather than socioeconomic hardship. Volunteering is high at 27.8%, well above national averages, consistent with a stable, community-invested population where 84.4% of residents have lived in the same area for five or more years. Mortgage and rent stress are both absent, with mortgage-to-income at 17.3% and rent-to-income at 15.0%.
Drive
93.9%
Public Transport
N/A
Walk / Cycle
2.0%
Work from Home
N/A
Population Forecast
+0.49%/yr
(+88 people/yr)
EstablishedAnnual population growth is 0.49% (roughly 88 persons per year), slow compared to the ACT-corridor average. The 10-year population change was 2.8%, classifying the suburb as established and slow-growing. Medium forecasts project the broader SA2 population rising from 17,853 in 2025 to 18,417 by 2031. Net overseas migration of 67 residents annually is the primary growth driver, while internal migration runs at negative 36 per year, meaning the suburb is a modest net exporter of residents to other parts of Australia. The gentrification score is zero and the stage reads not gentrifying, consistent with a suburb that already sits at the high end of the income distribution with no trajectory of rapid turnover or displacement. The aging trajectory is the most significant structural shift underway.
Historical + Forecast
Hamilton-Perry + Holt smoothing on ERP 2001-2025
Age Cohort Forecast
Primary Driver
Overseas Migration
Net Overseas / yr
+67
Net Internal / yr
-36
Gentrification Signal
Not gentrifying
National Ranking iPercentile rank among ~15,000 AU suburbs. 90% = higher than 90% of suburbs
How Wamboin compares to ~15,000 Australian suburbs
Frequently Asked Questions
Is Wamboin a good suburb to live in?
Wamboin suits families and professionals seeking large acreage homes within commuting distance of Canberra. Household income sits in the 99th percentile nationally, mortgage-to-income is 17.3%, and 84.4% of residents stay long-term. The trade-offs are extreme car dependence at 93.9% and no public transport.
What is the median house price in Wamboin?
The median house price is $1,650,000 on PSI data, with recorded medians of $1,662,500 in 2024 falling to $1,550,000 in 2025, a 6.8% decline. Weekly rent averages $520 and monthly mortgage repayments run about $2,600, with a mortgage-to-income ratio of 17.3%.
What schools are in Wamboin?
No schools are recorded inside the Wamboin suburb boundary in this dataset. Families rely on schools in neighbouring areas including Queanbeyan and the ACT. Despite this, the local population is highly educated, with university qualifications at 47.7%, which is 17.6 percentage points above the national figure.
Is Wamboin safe?
Detailed crime statistics are not available for Wamboin in this dataset. As an indirect indicator, the suburb's volunteering rate of 27.8% and a 5-year residential stability rate of 84.4% both point to a settled, cohesive community. Only 3.9% of the 1,805 residents need daily assistance.
Is Wamboin good for property investment?
Rental yield is thin: $520 per week against a $1,550,000 median implies a gross yield below 1.8%. The renter share is just 6.0% and vacancy sits at 5.9%, indicating weak tenant demand. Net population growth of 0.49% annually is slow. The investment case depends on Canberra-corridor capital growth rather than rental income.
How is Wamboin's population changing?
Population grows at 0.49% annually, about 88 persons per year, with a 2.8% rise over the past 10 years. Net overseas migration of 67 residents a year is the primary driver, while internal migration runs at negative 36. The population is aging, with the senior share up 3.4 points and the young share down 2.2 points over the decade.
How much development is happening in Wamboin?
There were 36 development applications lodged in the past 12 months, primarily new dwelling constructions, additions, and ancillary structures on existing rural lots. This level of activity is consistent with steady organic growth at 0.49% annually rather than a development boom, and no subdivision-driven supply increase appears in recent applications.
How to read these comparisons
Phrases like "above the national average" reference the unweighted median across Australian suburbs with more than 1,000 residents, not population-weighted national figures. Suburb-level medians are more useful for ranking suburbs against each other; ABS census headlines are population-weighted (so dominated by Sydney and Melbourne) and can read very differently.
Current baseline (refreshed 2026-05-10): median age 40, university-educated 30.1%, born overseas 21.6%, average household size 2.5 people.
Data sources: ABS 2021 Census (demographics, income, tenure), state Valuer-General (house prices), Department of Jobs SALM (unemployment), ACARA (school ICSEA), state Crime Statistics agencies (offences), council DA portals (development applications). Population forecasts use a Hamilton-Perry cohort model calibrated to ABS ERP.
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