Wyndham City
Victoria
Good to Know
Wyndham VIC is a mid-priced house market in the Wyndham VIC area, currently positioned as a capital-growth submarket. Located to the south‑west of Melbourne CBD, it is home to roughly 292,011 adults across 152,932 dwellings and presently records a vacancy rate of 3.07%.
According to HtAG Analytics, Wyndham VIC is exhibiting mixed supply signals with a softening bias. Stock on Market sits at 2.53% and Inventory at 2.67 months — around the ~3-month balanced-market threshold — driving +11.0% YoY price growth and +0.2% YoY rent growth.
What the market data is signalling
Wyndham VIC shows strong recent capital gains — +11.0% annual price growth — while rental growth has been almost flat at +0.2%. That divergence means capital returns are leading cash returns, supported by a yield of 3.18% (above the 3% threshold) but with affordability stretched at 42 years, which constrains some owner‑occupier demand. Listings are elevated: Stock on Market is 2.53% and Inventory is 2.67 months, a combination that can cap upside if sustained. See the Markets in the Moment (MiM™) heatmap for live comparative signals across markets.
Who lives in Wyndham VIC — and why it matters for investors
Wyndham VIC posts an IRSAD of 1005, above the minimum recommended value, indicating moderate socio‑economic resources that support more stable demand than lower‑IRSAD locations. The renter/owner split is 31.0% (neutral), while the units/houses ratio is only 6.0% (opportune for house-focused strategies). These demographics reduce volatility relative to the most marginal markets but still mean investor outcomes depend on choosing the right micro‑locations — read more in our IRSAD Crossover study.
Why Wyndham VIC is a screening layer, not a final answer
Council‑level averages like those above mask many different neighbourhood submarkets. Use Wyndham VIC as an initial screen, not the final decision: this LGA reports a typical house price of $777,937, a gross yield of 3.18%, Stock on Market at 2.53%, Inventory at 2.67 months and median days on market of 41 days. Those figures are useful to shortlist opportunities, but selective suburb‑level metrics and on‑the-ground inspection should determine purchase selection. For more on why this matters, see our LGA vs Suburb research.
What's behind the RCS™ score of 59
HtAG's RCS™ bundles three independent dimensions — risk minimisation, capital‑growth potential and cashflow resilience — into a single composite so you can compare markets consistently. A score of 59 flags a mid‑range balance: upside from recent price momentum but some structural constraints (affordability, supply pipeline) that investors should understand by reading the sub‑score breakdown. Learn more about how the RCS™ is built. To explore Wyndham VIC in detail, open Wyndham VIC in HtAG Copilot.
Forward signals to watch
vacancy rate — currently 3.07%: at this neutral level rental markets are broadly balanced; a sustained rise above ~3.5% would suggest weakening rental demand and downward pressure on rents, while a fall below ~1% would indicate tightening and potential rental upside.
building approvals ratio — currently 2.44%: that reading sits in the high approvals band and signals a meaningful pipeline of new housing that can add supply over coming years and temper price momentum if completions track through.
Melbourne cycle phase: a city‑wide shift in buyer sentiment, interest rates or employment would flow through to Wyndham VIC — amplifying or reversing current local momentum depending on whether the wider cycle moves into expansion or contraction.
Does this area meet your investment goals?
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RCS Breakdown
Wyndham City's RCS™ headline is an overall signal — but it doesn't tell you why. The three sub-scores below reveal whether that score is earned through risk minimisation, capital growth, or cashflow — and which portfolio brief it fits.
starter
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Critical to know
Market Trends
Wyndham City's headline values — $777K to buy and $475PW to rent, a 3.17% gross yield. Over the past decade, prices have moved 110.70% and rents 42.22% — the Yield series shows whether that gap is widening (price outpacing rent, yield compressing) or closing.
$777K is today. The 10-year trajectory reveals whether that's the top of a run, the start of a new leg, or somewhere mid-cycle. Sign up to unlock the entire trend line.
$475PW today, with rent growth at (+0.21% YoY) compared to price growth (+11.04%). That spread determines yield is expanding or compressing across the next cycle. Sign up to unlock the entire trend line.
Where is Wyndham City in its cycle - and is the 3.17% yield holding?
Cycle phase tells you whether you're buying near the bottom (room to run) or top (compression ahead). Yield trajectory tells you whether cashflow is durable or being eroded — the single most important question for a long-hold thesis.
Cycle Phase
Cycle Position
Yield Trajectory
Rent vs Price Spread
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Area Risks
Property data alone won't flag the structural risks that can erode a long-hold position. Bushfire overlays, flood-zone exposure, and economic concentration sit outside the price feed but determine whether your capital is insurable, defensible, and structurally protected. Unlock to see.
Are there hidden structural risks shaping Wyndham City's long-hold story?
Beyond the headline price, Wyndham City carries risk signals a median can't show — hazard exposure from bushfire and flood overlays, and how narrowly local employment leans on a handful of sectors (the concentration the EDI score quantifies). Together these separate insurable, defensible long-holds from those carrying tail-risk that never surfaces in the headline number.
MADI Risk
EDI Risk
Bushfire
Flood
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Critical to know
Supply & Demand
Wyndham City's headline numbers show where the market is today. The two cards below answer where it's heading. Direction is what separates a buy from a wait.
Is housing supply tightening or building up?
Stock on Market is one number — the trend is what matters. SoM, inventory, building approvals and hold period together reveal whether the market is starving for stock (price pressure up) or quietly building a pipeline (pressure down).
Stock on Market
Inventory
Building Approvals
Hold Period
Is buyer and renter demand heating up or cooling off?
Vacancy is one signal — the real question is whether demand is still building or quietly peaking. Days on market, vacancy, search index and clearance rate are the four pulse-points — when they diverge, they signal a turning point.
Days on Market
Vacancy Rate
Search Index
Clearance Rate
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Fundamentals
Wyndham City can look solid on the surface — but the three layers below separate markets that genuinely hold value from ones that only look like they do.
Is Wyndham City genuinely stable - or just expensive?
IRSAD hints at affluence, but socio-economic strength alone doesn't guarantee resilience. Combined with the renter-to-owner balance and unit-to-house ratio, you get the three signals that separate a tightly-held submarket from one carrying hidden volatility.
IRSAD
Renter to Owner
Units to Houses
Where do Wyndham City prices go over the next 12 months?
Today's headline price is just a snapshot. Projected ROI and the volatility index tell you whether to commit capital now, wait for a softer entry, or rotate into a steadie submarket.
Projected Annual ROI
Volatility Index
Can you actually buy into Wyndham City - and exit cleanly?
Tightly-held areas reward long-hold investors but punish anyone who needs liquidity. Annual sales and rental volume reveal whether your capital can reposition — or sits structurally locked in.
Annual Sales Volume
Annual Rental Volume
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Important to know
Education & Infrastructure
Wyndham City looks tightly-held and stable on the surface — but the three layers below separate areas that genuinely hold value from ones that only look like they do.
Does Wyndham City's school catchment + infrastructure pipeline justify the price?
School ranks anchor family demand and tenant quality. The active infrastructure pipeline shifts a suburb's price ceiling over the next 5–10 years. Together they tell you whether Wyndham City has structural support for the next leg of capital growth.
School Rank
Hospitals & Employment
Infrastructure Spend
Transport Projects
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Full HtAG Intelligence
Wyndham City shows potential. The platform tells you whether it's the best fit for your portfolio.
Price and yield are only the surface. HtAG reads the forces underneath — supply tightening or loosening, demand heating or cooling, and the risks that move slowly but decide long-term growth. Together they show whether Wyndham City has the structural support for its next leg — or whether the numbers are running ahead of the fundamentals.
Property Market Outlook for Wyndham City
In the City of Wyndham there were 3,601 residential buildings approved to be built in the financial year 2019-20 Feb FYTD.
Population 270,487
Rental Population 25.85%
Industry Healthcare, Social Assistance
Occupation Professionals
Building Approvals 3,601
Vacancy Rate 2.17%
Unemployment Rate 5.4%
Dwelling Type Demand Profile
Compared to the national average, there is greater buyer demand for houses in Wyndham City compared to units.
Across Wyndham City, the greatest demand is for three and four bedroom houses, with two and three bedroom units making up only a small portion of the demand profile in the area. There is also some small demand for three bedroom semi-detached housing. Four bedroom homes makeup the largest demand sector of the market in Wyndham City.
As of Q2 2020 the rental gross yield for houses and units is 3.66% and 4.55% respectively, with (gross) yields on houses rising by 1.22%.
How do Wyndham City houses & units compare to neighbouring LGAs?
According to HtAG property market data, the median house price in Wyndham City is A$551,481 with a -$4,000 to +$534,000 variance compared to the neighbouring LGAs. Hobsons Bay City has a significantly higher median house price, while Melton City and Moorabool Shires are comparable to Wyndham City.
Hobsons Bay City: A$1,085,350
Brimbank City: A$720,449
Greater Geelong City: A$671,340
Moorabool Shire: A$589,652
Wyndham City: A$551,481
Melton City: A$547,980
House prices in Wyndham City have started 2020 slowly, falling by -1.45% as shown on the heat map. In comparison 2 of the remaining 5 neighbouring LGAs exhibited positive growth above 3%, with Greater Geelong City being the strongest performer in the area with 4.03%.
Greater Geelong City: 4.03%
Moorabool Shire: 3.88%
Brimbank City: 0.67%
Melton City: -1.01%
Hobsons Bay City: -1.32%
Wyndham City: -1.45%
The unit market in Wyndham City is limited compared to the house market, with units priced at a median value of A$399,966. Neighbouring LGA prices vary in the range of -$45,000 to +$135,000 with the median price for units reported as:
Hobsons Bay City: A$535,192
Greater Geelong City: A$414,485
Brimbank City: A$392,313
Wyndham City: A$399,966
Melton City: A$355,384
Property Market Forecast for Wyndham City Houses
HtAG property market data for Wyndham City shows that sales volume for houses had been steadily increasing up until Q1 2018 when it began to drop away. Sales volumes recovered and have been steady with more than 480 transactions each quarter since their bottom in Q1 2019. Rental volumes have been in a steady up trend since Q1 2013.
Median house prices have been consistently increasing since 2008 reaching A$570,000 as of Q1 2019. Since that point, median values have declined to A$550,000. HtAG forecasts show that median values are expected to continue to remain steady at A$550,000 into Q2 2022.
The median value of 2, 3, 4 and 5 bed houses had been rising steadily since 2008 before falling away in a similar pattern since Q1 2019. Median values currently sit at A$440,000, A$500,000, A$610,000 and A$650,000 respectively. Median rents have increased steadily since 2008 but have remained flat since Q1 2019 sitting at A$390. The median rental price of 2, 3, 4 and 5 bed houses is A$340, A$350, $400 and $460 respectively. HtAG forecasts that the median rental value is expected to increase to A$400 into Q2 2022.
Rate of Growth for Wyndham City House Prices
The growth rate in house prices Wyndham City highlights a considerable change in median price over the last 12 years since 2008. Growth is currently at -1.45% and is at its lowest level since 2008. In 2008, growth had been at 0.45% before climbing to the level of 18.9% in 2017.
According to HtAG forecasts, growth will be relatively flat with positive bias into 2021 and 2022. Currently house prices are at approximately 6 o’clock on the property clock and are in a neutral position in the growth cycle (bottom).
Suburb Capital Growth and Price Heatmaps for Houses in Wyndham City
The heatmap above represents median price growth in this LGA on an annual basis. The green areas show a percentage increase ranging from 7%-13% with the highest growth in the suburb of Manor Lakes (3.78%), Werribee South (2.51%) and Werribee (2.16%).
Tarneit houses grew in value in 2020 by 0.06% to A$588,805
Werribee houses grew in value in 2020 by 2.16% to A$579,472
Wyndham Vale houses fell in value in 2020 by -1.12% to A$491,560
The red areas show the suburbs that have decreased in value by less than 2% in 2020. The suburb with the weakest growth in that range were Wyndham Vale Houses at -1.12%.
The scatter plot above shows all the individual sales over the past year and their concentration in the LGA. Point Cook and Williams Landing are the higher end suburbs where most of the sales in the A$600,000-A$900,00 range occurred. The vast majority of sales have been in and around Werribee in the price range of A$400,000-A$550,000. Sales volumes have been consistent across the inner areas of the LGA.
Property Market Outlook for Wyndham City Units
The median price for units in Wyndham City is only modestly lower than the median price for houses. Units had a median price of A$400,000 in the second quarter of 2020. Overall, the trend in median prices has been continually increasing since 2014. The trend is similar with rental prices for units where they have continued to rise to A$350 per week in Q1 2019, where they remained flat since that point.
Sales volumes fell away sharply in late-2017 and have since flattened out to the current levels after the big rise from mid-2015. According to market forecasts by HtAG, the median price of units will increase headed into Q2 2022, to A$410,000 from the current value of A$400,000. By Q2 2022, it is forecast that the median rent will increase to A$360 per week from the current value of A$350.
Property Cycle Position of Wyndham City Units
Market cycle graph for Wyndham City units above shows the yearly median price change starting from 2008. Prices increased significantly between 2013 and 2017 where growth peaked at 13.73%. Since that point, prices have been growing just at a slower rate. According to the HtAG forecast, median prices for units in this LGA are still slowing and would be approximately 5 o’clock on the property clock (declining).
Suburb Capital Growth & Price Heatmaps Wyndham City Units
The heatmap above represents median price growth in this LGA on an annual basis for units in Wyndham City in 2020.
Werribee units fell in value in 2020 by -3.86% to A$365,545
Wyndham Vale units grew in value in 2020 by 5.2% to A$387,300
Tarneit units had no data for this period
Hoppers Crossing units grew in value in 2020 by 1.7% to A$394,458 However, we must note there has only been 1-3 sales in each of the suburbs mentioned in the unit markets. Looking at the scatter plot, there are far fewer unit sales in this LGA compared to houses. Sales are evenly distributed around Werribee and Laverton, with prices in the 400K to 500K range.
Conclusion
Wyndham City appears to be coming towards the bottom of the property cycle, with a number of suburbs within the LGA set for strong growth headed into 2022. Over the next two years, HtAG forecasts Laverton houses to grow by +6.57% by Q2 2022 which is assessed as high confidence due to the strong sales volumes (6) in the quarter.
Manor Lakes is also predicted to grow strongly by +4.95% by Q2 2022 and is also assessed as having high confidence based on 6 sales. Werribee is predicted to grow strongly by +2.67% by Q2 2022 and is also assessed as having high confidence based on 40 sales.
Wyndham Vale is predicted to grow by +2.67% by Q2 2022 and is also assessed as having high confidence based on 8 sales. Tarneit is predicted to grow by +0.29% by Q2 2022 and is also assessed as having high confidence based on 26 sales.
In terms of areas that will likely see weak growth by Q1 2022, HtAG forecasts Hoppers Crossing houses to fall in median value by -0.03% with high confidence. The suburbs that are expected to show the strongest rental yields by Q1 2022 are Tarneit (3.91%), Wyndham Vale (3.73%), Williams Landing (3.46%) and Werribee (3.37%).
For the unit market, the suburb of Wyndham Vale is predicted to grow at +5.35% by Q2 2022, with low confidence based on limited sales data. Werribee is expected to grow at -0.02% with high confidence.
Yields for Wyndham Vale and Werribee units are forecast to be 4.05% and 4.92% respectively in Q2 2022.