Coongulla VIC 3860
Coongulla is in Wellington LGA, VIC, postcode 3860, with population 229.
Strong evidence
Coongulla has enough direct local evidence for a first-pass decision.
Direct signals include Property prices, Market rent, Crime, and Population growth. Missing or weaker areas are still shown so the page does not overstate precision.
Gross rent yield screens at about 4.9%. LGA fallback rent. Compare against suburb-level records before treating this as a precise suburb signal.
Open matching rent ranking →152 latest-year approvals in Wellington, +0.0% YoY; population +0.6% YoY (0.6% 5yr).
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QuickProperty mixes release files, Census baselines, and matched local services on this page. Read the status panel before treating every metric as equally fresh.
Manual release files parsed into suburb prices
Use current rent as a starting signal, not as a fixed underwriting truth.
Schools, transport, and hospitals are useful as presence signals, but they still have different source cadences.
Rent-led investor candidate
Gross rent yield screens at about 4.9%. Snapshot rent $435/wk.
LGA fallback rent. Compare against suburb-level records before treating this as a precise suburb signal.
Coongulla has enough direct local evidence for a first-pass decision.
Direct signals include Property prices, Market rent, Crime, and Population growth. Missing or weaker areas are still shown so the page does not overstate precision.
Use compare to test the suburb against another candidate, then validate financial assumptions in the calculator where available.
Property prices, Market rent, Crime, Population growth
No fallback or lower-precision signals flagged.
Schools, Hospitals, Transport
Coongulla currently reads as a growth-momentum candidate with a income-first secondary angle.
Gross yield screens at about 4.9%. Entry price sits in the lower-cost range for a first-pass screen. Small local population makes the signal set more fragile.
Compare it against a contrasting suburb before turning it into a decision.
Gross yield screens at about 4.9%. Entry price sits in the lower-cost range for a first-pass screen. Recent price movement shows visible market momentum.
Small local population makes the signal set more fragile.
Schools, Transport
Compare-ready
- Buyers want a quick sense of price, schools, and neighbourhood scale before getting lost in data.
- Investors want to know whether rent, yield, and affordability broadly support the suburb story.
- Researchers want one place that ties property, demographics, transport, and services together.
Price history
Full data detail
Coongulla VIC
Coongulla is a quiet locality in Victoria within the Wellington local government area (postcode 3860). With a population of 229, the suburb has an older demographic with a median age of 61. Households earn a median income of $55K per year, with an average household size of 1.9 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. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, technicians & trades, sales. Employment in the area leans toward construction and education. The top ancestries reported are Australian, English, Irish.
The median house price in Coongulla is $458,000, having surged 21.2% over the past year. The current median weekly rent is $435. This gives a gross rental yield of approximately 4.9%. The median monthly mortgage repayment is $1,100.
The crime rate in the Wellington LGA is higher than average at 12,111 incidents per 100,000 population.
From an investment perspective, Coongulla offers a gross rental yield of 4.9%, rated as moderate yield. Property prices sit below the state median ($458K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 8.3x is considered moderate. House prices have moved +21.2% year-on-year. Population growth of +0.6% year-on-year indicates stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.
Coongulla is a quiet locality in Victoria within the Wellington local government area (postcode 3860). With a population of 229, the suburb has an older demographic with a median age of 61. Households earn a median income of $55K per year, with an average household size of 1.9 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. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, technicians & trades, sales. Employment in the area leans toward construction and education. The top ancestries reported are Australian, English, Irish.
The median house price in Coongulla is $458,000, having surged 21.2% over the past year. The current median weekly rent is $435. This gives a gross rental yield of approximately 4.9%. The median monthly mortgage repayment is $1,100.
The crime rate in the Wellington LGA is higher than average at 12,111 incidents per 100,000 population.
From an investment perspective, Coongulla offers a gross rental yield of 4.9%, rated as moderate yield. Property prices sit below the state median ($458K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 8.3x is considered moderate. House prices have moved +21.2% year-on-year. Population growth of +0.6% year-on-year indicates stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.
Coongulla FAQ
Common questions-
What LGA is Coongulla in?
Coongulla is in the Wellington Local Government Area, VIC, postcode 3860. Council-level context for Wellington LGA (suburb mix, population, rent, and price coverage) is available on the QuickProperty LGA page.
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What is the median house price in Coongulla?
The current median house price in Coongulla, VIC is $458K, based on the latest available sales data from state Valuers General offices and ABS Data by Region.
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What is the typical weekly rent in Coongulla?
The median weekly rent in Coongulla is $435/wk, based on the current market rent dataset. The current rent signal is rent-led investor candidate.
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What does the rent signal say about Coongulla?
Rent-led investor candidate: Gross rent yield screens at about 4.9%. Use this as a suburb screening signal before comparing candidates or modelling a purchase; the matching rent ranking can provide broader market context.
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Is Coongulla a good investment?
QuickProperty's investment signals for Coongulla show: Moderate Yield, Below Median, Moderate. These are computed from price, rent, income, and population data — not an opaque score.
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Where does QuickProperty get its data for Coongulla?
Property prices come from state Valuers General offices and ABS Data by Region. Demographics are from ABS Census 2021. School ICSEA scores are from ACARA. Crime statistics are from state police agencies. Transport data is sourced from GTFS feeds.
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How often is the Coongulla data updated?
Property prices update quarterly. RBA macro indicators update with each deploy. Demographics are from Census 2021. School ICSEA scores are from ACARA 2025.