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Warnervale Suburb Insights
VICLocation Information
Suburb Name
Warnervale, VIC
Distance from CBD
15.4 kmDemographics
Population
641
Median Income
$31,876
Area Information
Area
12.73 km²
Population Density
50 people/km²
Property Market
Median Price
$524,276
Annual Growth
+19.8%Property Price Trend Analysis
Current Median Price
$524,276
Annual Growth
+19.8%
Quarterly Growth
+4.1%
Price Trends - Last 6 Months
2024-01
$916,469
+4.8%2024-02
$420,490
+9.5%2024-03
$809,211
+11.2%2024-04
$635,334
+16.3%2024-05
$651,939
+13.4%2024-06
$781,313
+11.8%Property Type Price Analysis
House
Median Price
$1,180,968
Growth Rate
+8.4%Available Listings
381 properties
Apartment
Median Price
$645,120
Growth Rate
+6.3%Available Listings
541 properties
Townhouse
Median Price
$642,293
Growth Rate
+14.7%Available Listings
226 properties
Investment Potential Assessment
Investment Advantages
- Annual growth exceeds 8% - excellent performance
- Strong quarterly growth momentum
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy