5 Chapman Street, Wodonga VIC 3690
5 Chapman Street, Wodonga VIC 3690
3 bed, 1 bath, 2 car house | $800k–$850k guide | sits above Wodonga’s median | tight rental market | strong family appeal
This house offers a straightforward, functional layout that suits families or downsizers looking for single-level living without excess space to maintain. The three-bedroom, one-bathroom configuration is practical rather than expansive, and the two-car accommodation adds everyday convenience. Positioned in Wodonga, where detached housing stock is well established and demand remains steady, this property competes in the upper segment of the local market. Its price point reflects a step above typical stock, which suggests the landholding or presentation carries weight, even if the internal finishes are not yet confirmed. The tight vacancy rate in the area supports ongoing interest from owner-occupiers, and the rental profile indicates investors could also find it workable, though the yield would likely sit in the low-to-mid three percent range.
The value picture may hinge on land size and condition, neither of which is fully clear from available information. If the block is generous or the house has been updated, the guide becomes easier to justify; if it needs work or sits on a smaller parcel, buyers might expect room to negotiate. The older character of some nearby stock suggests renovation potential could be part of the story, but that remains unverified. School catchments and overlay status might also shape how quickly it sells, so those are worth confirming before committing.
|| Comparable Sales: 5 Anne St sold $530k in 2022; 5 Ballyneal Terrace listed $949k | Property Price Band: $800k–$850k | Value Drivers: land size, condition, presentation
Detailed Independent Property Report prepared by PropCred Analyst team for 5 Chapman Street, Wodonga VIC 3690
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
1
Income Risk
Execution Risk
1
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Market Insight
Wodonga is a regional growth centre anchored by major highways, rail, and $765M infrastructure investment. Demand is driven by a professional-heavy 30-39 cohort, with middle-price brackets dominating—36.1% of houses sold between $600,000 and $699,999. House prices reached $620,000–$649,000, up 10.9–14.8% annually, while units sit at $380,000–$400,000 with growth from flat to 3.9%. House sales rose 18.6% to 261 in Q4 2025, and population grew 6.92% since 2016. Future growth is supported by lower interest rates and infrastructure spending, though land sales fell 38.2%, signalling undersupply, and rate sensitivity persists. Gross yields are 4.71% for houses and over 5% for units.
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PropCred Estimated Value
Comparable Sales: 5 Anne St sold $530k in 2022; 5 Ballyneal Terrace listed $949k | Property Price Band: $800k–$850k | Value Drivers: land size, condition, presentation
Bedrooms
3
Bathroom
1
Parking
2
Land
703m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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