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Waurn Ponds

POSTAL CODE: VIC, 3216
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Property investors enjoyed capital gains of 2.96% over the last 12 months in WAURN PONDS, translating to lower returns compared with its peers in VIC.

A survey of average capital gains or median home price increase in suburbs across the country shows that the VIC suburb obtained a 5.19% growth over a ten-year period. It ranks 3085th on our list of suburbs that property investors should look into.

WAURN PONDS, 3216 has a capital gain of 2.96% for the past year, which is lower than average compared to its 15.93% growth within a five-year period.

With the median home price in WAURN PONDS sitting at $782,500, and the average rent at $560, property owners could potentially earn a 3.72% increase in gross rental yield.

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

WAURN PONDS, 3216 in VIC belongs to the local government area of Greater Geelong.

Surburb overview

Waurn Ponds is a major suburban centre in southern Geelong, Victoria, located approximately 9 kilometres south-west of the Geelong central business district and about 75 kilometres south-west of Melbourne.

The suburb sits within the City of Greater Geelong and functions as a key residential, retail, and education hub for the surrounding region, including nearby suburbs such as Grovedale, Highton, and Mount Duneed.

According to recent census data, Waurn Ponds has a growing population, with a demographic profile that includes families, students, and professionals, and a median age slightly below the national average.

Housing in the suburb is diverse, comprising detached dwellings, townhouses, and newer medium-density developments, reflecting ongoing residential expansion and urban consolidation.

Waurn Ponds railway station is a significant transport asset, providing V/Line services on the Geelong line with direct connections to Melbourne and regional centres. Public bus services operate throughout the suburb, linking residential areas with shopping precincts, educational institutions, and neighbouring suburbs.

Road access is supported by major routes, including the Princes Highway and the Geelong Ring Road, facilitating travel to central Geelong, Melbourne, and coastal destinations along the Surf Coast.

A central feature of the suburb is the Waurn Ponds Shopping Centre. This major retail complex includes supermarkets, specialty stores, and services, acting as a primary commercial hub for southern Geelong.

The suburb is also home to Deakin University’s Waurn Ponds campus, which contributes to the local population and supports education and research activity. Educational facilities further include primary and secondary schools in the surrounding area, supporting a growing residential base.

Recreational amenities include parks, sporting facilities, and access to nearby natural areas, with walking and cycling paths integrated into the suburb’s layout.

Waurn Ponds continues to develop as a key activity centre within the Geelong region, supported by infrastructure investment, population growth, and its role as a transport and education hub.

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