VIC/
Warranwood

Suburb Profile

Warranwood - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3134

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Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $898,000.

The upward trend in home prices in WARRANWOOD, 3134 averaged 12.02% per annum over a 3-year period.

Average weekly rents on listings have reached the $505 mark, reflecting a 2.92% increase in returns based on the current median price in WARRANWOOD.

An average of 4.25 real estate transactions take place per month in WARRANWOOD which translates to 51 per annum.

51 properties were sold in WARRANWOOD in 2016, making it the 167th most active market in VIC based on total real estate transactions.

WARRANWOOD, 3134 places 528th in Australia based on median property value growth during the quarter.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $898,000 N/A
GROWTH REPORT
Median Quarterly 0.34% N/A
Median 12 month 7.54% N/A
Median 3 years 36.06% N/A
Median 5 years 52.93% N/A
10 years average annual 6.82% N/A
Weekly media advert. rent $505 N/A
Time on Market 36.6 days N/A
Gross Rental Yield Percent 2.92% N/A
demographics (median values)
Total Population
4594
Weekly Household Income
1648
Household Size
3.30
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