Wandoan (postcode 4419) is a small locality in Queensland within the Western Downs local government area. With a population of 666, the suburb has a predominantly early-career demographic with a median age of 31. Households earn a median income of $65K per year, with an average household size of 2.3 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.6% year-on-year at the LGA level. QLD employment has moved +1.5% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. QLD also had 35 Commonwealth-backed major projects under construction, 16 underway, and 30 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are labourers, managers, technicians & trades. Employment in the area leans toward construction and agriculture. The top ancestries reported are Australian, English, Irish.
Median house prices in Wandoan sit at $315,000, little changed on a year ago. The current median weekly rent is $350. This gives a gross rental yield of approximately 5.8%. The median monthly mortgage repayment is $712.
Wandoan is served by 1 school, including 1 combined. The average ICSEA score is 915, which is below the national average of 1,000. The crime rate in the Western Downs LGA is moderate at 6,244 incidents per 100,000 population.
From an investment perspective, The gross rental yield works out to roughly 5.8%, which reads as high yield. Property prices sit below the state median ($315K/$1.1M), which can point to relative value. The price-to-income ratio of 4.9x is considered affordable. House prices have moved +0.0% year-on-year. Population growth of +0.6% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.