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Wantirna

POSTAL CODE: VIC, 3152
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Homeowners and real estate investors betting on WANTIRNA, 3152 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 11.45%.

A steady increase in median property prices over a five-year period in the suburb translates to a 8.14% capital gain.

Property investors in WANTIRNA enjoyed capital gains of 11.45% over the last 12 months translating to lower returns compared with its peers in the territory.

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 $1,195,000.

Profits due to an upward trend in home prices there averaged 2.71% per annum over a 3-year period.

Home owners selling their properties and realtors in WANTIRNA usually have to wait an average of 45.2 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $650 mark, reflecting a 2.83% increase in returns based on the current median price in WANTIRNA.

WANTIRNA, 3152 places 156th in Australia based on median property value growth during the quarter.

Surburb overview

Wantirna is a middle-ring suburb in Melbourne’s eastern suburbs located within the City of Knox. The suburb is situated approximately 25 kilometres east of the Melbourne central business district and is bordered by Wantirna South, Knoxfield, Bayswater and Ringwood.

Wantirna recorded a population of just over 14,000 at the 2021 census, reflecting a stable, predominantly residential community. The demographic profile includes a high proportion of families and older residents, with a median age above the metropolitan average.

Home ownership rates are relatively high, indicating long-term settlement and lower residential turnover compared with inner-city suburbs. Housing in Wantirna is characterised mainly by detached dwellings on traditional suburban blocks, with some townhouse and low-rise apartment development occurring near main roads. Overall residential density remains low to moderate, with established streetscapes and significant tree cover throughout the suburb.

Public transport access is primarily bus-based, with no railway station located within Wantirna itself. Bus services connect residents to nearby train stations in Ringwood, Bayswater and Glen Waverley, supporting access to the metropolitan rail network.

Road connectivity is a defining feature, with major arterials including Wantirna Road, Stud Road and Boronia Road providing local access. EastLink runs along the suburb’s western edge, offering north–south connections across Melbourne’s eastern suburbs.

Local retail and service needs are met through neighbourhood centres such as Wantirna Mall, which contains supermarkets, specialty shops, medical clinics and everyday services. Additional retail, employment and entertainment options are accessible in nearby centres, including Knox City Shopping Centre and Ringwood.

Educational facilities in and around Wantirna include several government and non-government primary and secondary schools. Tertiary education institutions, including Deakin University and Swinburne University, are located in surrounding suburbs and are accessible by public transport and road.

Recreational amenities include Koomba Park and surrounding reserves, which provide open space, playgrounds, walking paths and sporting facilities. Shared walking and cycling trails link local parks with broader green corridors across the City of Knox.

Employment among residents spans health care, education, retail, trades and professional services, with many commuting to employment hubs across Melbourne’s east.

Wantirna’s established housing, road-based connectivity and access to local services define its role as a long-standing residential suburb within Melbourne’s eastern suburbs.

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