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Wantirna South
AREA REPORTS

Wantirna South

Wantirna South - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3152

house
unit

Based on its average 5-year and quarterly capital gains WANTIRNA SOUTH, 3152 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that WANTIRNA SOUTH, 3152 obtained a 8.59% growth over a ten-year period. It ranks 562nd on our list of suburbs that property investors should look into.

WANTIRNA SOUTH, 3152 in VIC belongs to the local government area of Knox (C).

WANTIRNA SOUTH, 3152 has a capital gain of 20.13% for the past year, which is higher than average compared to its 38.73% growth within a five-year period.

With the median home price in WANTIRNA SOUTH sitting at $1,200,000, and the average rent at $490, property owners could potentially earn a 2.12% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in WANTIRNA SOUTH are low, as opposed to average gains per annum over the past five years.

Data report can be found below

Wantirna South
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,200,000 $709,000
GROWTH REPORT
Median Quarterly 3.45% 6.14%
Median 12 month 20.13% 13.26%
Median 3 years 25% 31.3%
Median 5 years 38.73% 41.52%
10 years average annual 8.59% 5.48%
Weekly media advert. rent $490 $420
Time on Market 35.9 days 54.8 days
Gross Rental Yield Percent 2.12% 3.08%
demographics (median values)*
Total Population
33092
Weekly Household Income
1602
Household Size
2.80
Age
42
Monthly Loan Repayment
1850
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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