If you're only following the national headlines, you'll miss what's happening in some of Australia's smaller regional markets.
Wangaratta, a town in northeast Victoria, went through a correction phase between 2022 and 2024. But since 2025, it's been recovering. Supply is tightening, demand is strengthening, houses are selling faster, and rental yields are sitting at 5.0%, well above most large regional cities across the country.
In this episode, Junge Ma, Senior Research Analyst at InvestorKit, walks through 10 charts covering Wangaratta's job market, supply and demand dynamics, building approvals, rental vacancy, affordability, and where the market sits in its growth cycle.
She unpacks a common misconception: that low population growth automatically means low price growth, and why Wangaratta and markets like Greater Adelaide prove otherwise.
CHAPTERS:
0:00 - Introduction
0:34 - Wangaratta Overview and Recent History
1:08 - Market Pressure Summary
1:34 - Population Growth and Why It's Not the Full Picture
3:05 - Job Market Activity and Infrastructure Investment
4:54 - Sales Market Supply and Demand Trends
5:58 - Days on Market and Price Growth Acceleration
7:06 - Incoming Supply and Oversupply Risk
7:47 - Where Wangaratta Sits in Its Growth Cycle
8:43 - Rental Market Pressure, Vacancy, and Yields
10:09 - The Affordability Advantage
11:01 - Short Term and Medium Term Outlook
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Disclaimer: The information provided in this podcast is general in nature and should not be considered as personal financial advice. The podcast host, guests, and contributors are not licensed financial advisors. Please seek professional financial advice that is tailored to your situation and circumstances before making any financial decisions.
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