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Wantirna South

POSTAL CODE: VIC, 3152
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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 4.68% growth over a ten-year period. It ranks 3267th on our list of suburbs that property investors should look into.

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

WANTIRNA SOUTH, 3152 has a capital gain of 2.54% for the past year, which is lower than average compared to its 27.45% growth within a five-year period.

With the median home price in WANTIRNA SOUTH sitting at $1,270,000, and the average rent at $660, property owners could potentially earn a 2.7% 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.

Surburb overview

Wantirna South is a middle-ring suburb in Melbourne’s eastern suburbs located within the City of Knox. The suburb is situated approximately 27 kilometres east of the Melbourne central business district and lies to the south of Wantirna, bordered by Knoxfield, Scoresby and Ferntree Gully.

Wantirna South recorded a population of around 21,000 residents at the 2021 census, reflecting steady growth and its role as a significant residential area within the municipality. The demographic profile includes a high proportion of family households, with a median age above the metropolitan average and relatively high levels of home ownership. Household incomes are generally close to or slightly above the Melbourne median, reflecting a stable, established community.

Housing in Wantirna South is predominantly detached dwellings on traditional suburban blocks, alongside a growing number of townhouses and low-rise apartment developments near activity centres and major roads. Overall residential density remains low to moderate, with established streetscapes and landscaped residential areas forming much of the suburb’s character.

Public transport access is largely bus-based, with no railway station located within Wantirna South itself. Bus routes connect residents to nearby train stations at Ringwood, Glen Waverley and Bayswater, providing access to the metropolitan rail network. Road connectivity is a defining feature, with Stud Road, Burwood Highway and the EastLink tollway providing north–south and east–west links across Melbourne’s eastern suburbs.

Wantirna South contains one of the region’s largest retail and employment hubs, Westfield Knox, which includes supermarkets, department stores, specialty retail, dining and entertainment venues. The shopping centre also functions as a major local employment destination and transport interchange. Additional neighbourhood shopping strips provide everyday retail, medical clinics and regional services throughout the suburb.

Educational facilities in and around Wantirna South include several government and non-government primary and secondary schools, as well as proximity to tertiary institutions in surrounding suburbs.

Recreational amenities include the Blind Creek Trail, local reserves, and sporting grounds that support walking, cycling, and organised sport. Parks, playgrounds, and shared paths are distributed across the suburb, supporting everyday recreation and community use. Employment among residents spans retail, health care, education, trades and professional services, with many commuting to employment centres across Melbourne’s east.

Wantirna South’s combination of established housing, major retail infrastructure and road-based connectivity shapes its role as a key residential and activity suburb within Melbourne’s eastern suburbs.

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