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Warrawee Suburb Insights
VICLocation Information
Suburb Name
Warrawee, VIC
Distance from CBD
19.8 kmDemographics
Population
2,995
Median Income
$51,636
Area Information
Area
1.34 km²
Population Density
2235 people/km²
Property Market
Median Price
$1,180,602
Annual Growth
+18.2%Property Price Trend Analysis
Current Median Price
$1,180,602
Annual Growth
+18.2%
Quarterly Growth
+2.9%
Price Trends - Last 6 Months
2024-01
$879,872
+3.5%2024-02
$1,003,057
+11.5%2024-03
$580,281
+8.3%2024-04
$826,817
+10.1%2024-05
$985,921
+15.7%2024-06
$1,058,564
+12.2%Property Type Price Analysis
House
Median Price
$1,246,235
Growth Rate
+6.2%Available Listings
257 properties
Apartment
Median Price
$674,320
Growth Rate
+9.2%Available Listings
339 properties
Townhouse
Median Price
$776,480
Growth Rate
+15.2%Available Listings
83 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