Wyndham Vale suburb profile
Wyndham Vale is a rapidly growing suburb located in Melbourne's southwest, approximately 31km from the CBD. Known for its family-friendly environment and affordable housing options, it attracts young families and first-home buyers. The suburb offers a range of amenities, including schools, parks, and shopping centers, contributing to its appeal. Wyndham Vale is well-connected by public transport, with a train station providing easy access to Melbourne and surrounding areas. The suburb's blend of modern developments and community-focused living makes it an attractive choice for those seeking a balanced lifestyle in a suburban setting.
Wyndham Vale property market performance
Current median dwelling price$481,500Past 3 months
Property growth+0.6%Past 12 months
Wyndham Vale's property market has shown stability over the past 12 months, with house values experiencing a modest increase of 0.7%. The current median house price stands at $599,000. Unit values have also seen a slight rise of 0.6%, although the market for units is minimal, with only 2 units sold in the past year.
Sales activity for houses has been relatively active, with 105 houses sold over the last 12 months. However, houses are taking longer to sell, with a median of 89 days on the market, indicating a more cautious buyer sentiment.
The rental market in Wyndham Vale has remained stable, with no change in average rent for houses, which is currently $455. Units have seen a 3.7% increase in rent, averaging $420, suggesting a slight uptick in demand for rental units.
| Houses | Units | |
|---|---|---|
Median price Past 3 months | $599K | N/A |
Change in value Past 12 months | 0.7% | 0.6% |
Sold Past 3 months | 105 | 2 |
Median days on market Past 12 months | 89 | N/A |
Average rent Past 12 months | $455 | $420 |
Change in rent Past 12 months | -1.7% | 3.7% |
5 year median price trend for houses and units
Wyndham Vale demographics
Wyndham Vale, located in Melbourne's western suburbs, is a rapidly growing area known for its family-friendly environment and modern amenities. With a population of 20,518 and a median age of 31, it is a youthful suburb that attracts young families and professionals seeking a balanced lifestyle. The suburb's proximity to the city and access to public transport make it an appealing choice for those who commute to Melbourne for work or study.
The housing landscape in Wyndham Vale is characterized by a high percentage of home ownership, with 51% of properties owned with a mortgage and 16.9% owned outright. This reflects the suburb's appeal to first-time homebuyers and families looking to establish roots. Rental properties make up 32.1% of the housing market, providing options for those seeking flexibility or not yet ready to purchase a home.
Family life is a significant aspect of Wyndham Vale, with 52.3% of households being couple families with children, and 20.4% being one-parent families. The suburb offers a range of schools, parks, and recreational facilities, making it an ideal location for raising children. The median total household income of $1,766 per week supports a comfortable lifestyle, with residents enjoying the benefits of a suburban setting while still being connected to the vibrant city life of Melbourne.
Wyndham Vale infrastructure, key developments and investment opportunities
Wyndham Vale is experiencing significant growth and development that is likely to impact the local property market. The suburb is set to benefit from major transport upgrades, including the planned electrification of the rail line to Wyndham Vale by 2031, which will improve connectivity to Melbourne's CBD. Additionally, the Ison Road Extension project is underway, constructing a new four-lane road between Browns Road and the Princes Highway to enhance transportation infrastructure in the area.
The City of Wyndham is investing heavily in local infrastructure, with $8.5 million allocated to rebuild local roads throughout the municipality in the 2024/25 budget. New community facilities are also being developed, such as a recently opened off-leash dog park in nearby Truganina. These improvements, combined with Wyndham Vale's continued population growth and new housing developments, are likely to sustain strong demand for properties in the suburb.
Wyndham Vale rental market trends
The rental market in Wyndham Vale has remained relatively stable, with house rents holding steady at $455 per week over the past year. Unit rents have seen a modest increase of 3.7%, reaching $420 per week. As a growing suburb with ongoing development, Wyndham Vale continues to offer affordable rental options for both families and individuals.
Suburbs near Wyndham Vale
Some popular suburbs near Wyndham Vale include:
How does Wyndham Vale compare to nearby suburbs?
- Median house prices: Wyndham Vale’s median house price is 4.8% lower than Werribee’s.
- Median unit prices: Wyndham Vale’s median unit price is 4.7% lower than Werribee’s.
- House price growth: Over the past 12 months, house prices in Wyndham Vale have grown 0.7% higher than in Werribee.
- Unit price growth: Over the past 12 months, unit prices in Wyndham Vale have grown 0.6% higher than in Werribee.
- Selling speed for houses: Properties in Wyndham Vale are selling 8.2% faster than in Tarneit.
- Investment considerations: In Wyndham Vale, the rental yield for house is 26.4% lower than the Melbourne average, while the rental yield for units is 25.0% lower.
- House price growth: Over the past 12 months, house prices in Wyndham Vale have grown 42.2% lower than the average rate of growth across Melbourne.
- Unit price growth:Over the past 12 months, unit prices in Wyndham Vale have grown 13.7% lower than the average rate of growth for units across Melbourne.

