Wy Yung
At a median age of 46, Wy Yung skews 6 years older than the national figure, and the household profile reflects it: 47.3% of dwellings are owned outright, the second-highest tenure signal of long-term, debt-free residency. The suburb spans 36.68 sq km in East Gippsland with a population of 1,940, giving a low density of 52.9 people per km2. Separate houses account for 88.3% of stock, well above the national average for freestanding dwellings, and 44.8% of homes have 4 or more bedrooms. Household income sits at the 47.1st percentile nationally, placing the area just below the midpoint, and overseas-born residents at 9.6% are 12 points below the national figure.
Population
1,940
Median Age
46.0
Household IncomeiMedian weekly household income (ABS Census)
$1,506/wk
DAs (12 months)iDevelopment Applications lodged in the past year
2
Wy Yung's price history shows steady long-run growth: from $285,000 in 2013 to $518,500 in 2024, the median house price gained 81.9% over 12 years, a compound annual growth rate of 5.1%. The peak was $547,500 in 2023, so the current price sits 5.3% below that high. Monthly mortgage repayments average $1,517, and the mortgage-to-income ratio is 23.3%, below the 30% stress threshold, making ownership more affordable here than in many metropolitan markets. The stock is strongly detached: 88.3% separate houses, with 44.8% of homes having 4 or more bedrooms. Semi-detached dwellings cover 9.6% and apartments just 2.1%, so buyers seeking attached stock will find limited options compared to urban centres.
For Buyers
Wy Yung's price history shows steady long-run growth: from $285,000 in 2013 to $518,500 in 2024, the median house price gained 81.9% over 12 years, a compound annual growth rate of 5.1%. The peak was $547,500 in 2023, so the current price sits 5.3% below that high. Monthly mortgage repayments average $1,517, and the mortgage-to-income ratio is 23.3%, below the 30% stress threshold, making ownership more affordable here than in many metropolitan markets. The stock is strongly detached: 88.3% separate houses, with 44.8% of homes having 4 or more bedrooms. Semi-detached dwellings cover 9.6% and apartments just 2.1%, so buyers seeking attached stock will find limited options compared to urban centres.
For Investors
The rental case is modest: weekly rent of $278 and a vacancy rate of 7.9%, which is elevated and signals softer demand compared to tighter urban markets. Only 16.3% of dwellings are rented, a low share that reflects an older, ownership-dominant population. Rent-to-income at 18.5% is well below the 30% stress level, suggesting tenants are not under pressure to vacate. Development activity in the past 12 months shows 2 planning permit applications, both small subdivision works, indicating very low new supply. The long-run capital growth of 5.1% CAGR over 12 years is the primary investment argument, though the 7.9% vacancy rate and small renter base limit yield prospects relative to higher-density suburbs.
Development Activity
Total DAs
11
Last 12 Months
2
YoY ChangeiYear-over-year change in DA lodgements
-33.3%
Avg DA CostiAverage estimated cost per DA in the past year
N/A
Monthly DA Lodgements
DA Categories
Demographics
The median age of 46 is 6.0 years above the national figure, consistent with the aging-resident-base signal from the data. Overseas-born residents at 9.6% run 12 points below the national proportion, confirming an Anglo-leaning community: the top ancestries are English (890 residents), Scottish (241), Irish (194), Italian (126) and German (89). University qualifications at 20.2% are 9.9 percentage points below the national level, reflecting the regional and blue-collar character of the local economy. Volunteering is active at 19.9% of residents, and the average household size of 2.5 matches the national average. Couples without children make up 33.7% of families, consistent with an older demographic where children have left home.
Age Distribution
Bedrooms
Dwelling Structure
88.3%
Houses
9.6%
Townhouse
2.1%
Apartment
Tenure
Wy Yung is strongly owner-occupier territory: 47.3% own outright, 36.4% carry a mortgage and only 16.3% rent. The outright ownership rate is unusually high because the aging population has had decades to pay down debt. Separate houses dominate at 88.3%, with 4-plus bedroom homes accounting for 44.8% of stock, reflecting the large rural residential blocks common in East Gippsland. The median house price rose from $285,000 in 2013 to $518,500 in 2024, an 81.9% gain, though it has eased 5.3% from the 2023 peak of $547,500. Monthly mortgage costs of $1,517 produce a manageable mortgage-to-income ratio of 23.3%. The vacancy rate of 7.9% is higher than typical low-turnover suburbs, partly because 82.9% of residents stayed at the same address for 5 years.
Median House Price Trend
Source: State Valuer-General
Mortgage / mo
$1,517
Rent / wk
$278
HH Size
2.5
Personal Income / wk
$723
Vacancy Ratei% of dwellings unoccupied on Census night (ABS 2021)
7.9%
Unoccupied
65
Rent / IncomeiMedian rent as % of household income. Over 30% = housing stress
18.5%
Mortgage / IncomeiMedian mortgage as % of household income. Over 30% = housing stress
23.3%
Community Profile
Ancestry
Household Composition
33.7%
Couples, no children
1,615
Total families
Economy & Employment
Healthcare is the dominant employer at 22.3% of the local workforce (125 workers), well above most comparable regional towns, partly because Bairnsdale Regional Health Service draws staff from the surrounding suburbs including Wy Yung. Education follows at 15.0% (84 workers) and Construction at 13.9% (78 workers), with Public Administration at 7.0% and Retail at 5.9%. By occupation, Professionals lead (169), then Clerical/Admin (116), Managers (105), Community/Personal service workers (103) and Sales (93). Unemployment sits at 3.1%, below the national average, and the full-time employment rate is 60.4%. The participation rate of 55.7% is lower than national norms because a large share of the population, 574 people, is not in the labour force, reflecting the older age profile.
Socio-Economic Indexes (SEIFA)iABS index ranking suburbs from 1 (most disadvantaged) to 10 (most advantaged)
Full-time
60.4%
Part-time
36.5%
Participation
55.7%
Employed
857
Occupations
Top Industries
University
20.2%
Postgraduate
3.4%
Born Overseas
9.6%
Dwellings
760
Transport to Work
Car dependency is near-total: 94.0% of residents drive to work, and walking or cycling accounts for just 1.6% of commutes. There are no schools recorded within the suburb boundary, so families rely on nearby Bairnsdale for schooling. Crime data shows 211 total offences recorded, a rate of 108.8 per 1,000 residents, which is elevated compared to lower-density suburban areas nationally. The top categories are public order and security (68 offences), crimes against the person (63) and justice procedure offences (44). Housing stress is low: rent-to-income sits at 18.5% and mortgage-to-income at 23.3%, both below stress thresholds. The need-assistance rate is 5.8%, covering 109 residents, typical for an aging population where some require daily support.
Drive
94.0%
Public Transport
N/A
Walk / Cycle
1.6%
Work from Home
N/A
Safety & Crime
Total Offences
211
Year ending June 2024
Rate per 1,000 People
108.8
Offence Categories
Source: Crime Statistics Agency Victoria / SA Police
National Ranking iPercentile rank among ~15,000 AU suburbs. 90% = higher than 90% of suburbs
How Wy Yung compares to ~15,000 Australian suburbs
Frequently Asked Questions
Is Wy Yung a good suburb to live in?
Wy Yung suits owner-occupiers seeking a low-density East Gippsland setting: 88.3% of homes are detached houses, 47.3% are owned outright, and housing stress is low with a mortgage-to-income ratio of 23.3%. The trade-offs are high car dependency at 94.0%, no recorded schools within the boundary, and a crime rate of 108.8 per 1,000 residents that is above average for quiet regional areas.
What is the median house price in Wy Yung?
The median house price was $518,500 in 2024, down 5.3% from the 2023 peak of $547,500. Over the longer term, prices rose 81.9% from $285,000 in 2013, a compound annual rate of 5.1%. Weekly rent averages $278 and monthly mortgage repayments are approximately $1,517.
What schools are in Wy Yung?
No schools are recorded within the Wy Yung suburb boundary in this dataset. Families access schooling in nearby Bairnsdale, which is the regional centre for East Gippsland. The local university qualification rate is 20.2%, which is 9.9 percentage points below the national figure.
Is Wy Yung safe?
Wy Yung recorded 211 offences in the crime dataset, a rate of 108.8 per 1,000 residents. The top categories are public order and security offences (68), crimes against the person (63) and justice procedures offences (44). This rate is higher than many comparable low-density regional suburbs, so it is worth reviewing current local data before making decisions.
Is Wy Yung good for property investment?
The capital growth record is solid: prices rose 81.9% over 12 years at a 5.1% CAGR from $285,000 to $518,500. However, weekly rent of $278 and a vacancy rate of 7.9% indicate soft rental demand compared to tighter markets. Only 16.3% of dwellings are rented, limiting the landlord pool, so the investment case depends more on long-run capital appreciation than rental yield.
How is Wy Yung's population changing?
Wy Yung has a population of 1,940 with very high resident stability: 82.9% of residents stayed at the same address over a 5-year period, one of the lowest turnover rates at 17.1%. The median age of 46 is 6 years above the national figure, suggesting the suburb is aging in place rather than attracting younger cohorts or significant new arrivals.
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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