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Warrimoo Suburb Insights
VICLocation Information
Suburb Name
Warrimoo, VIC
Distance from CBD
6.1 kmDemographics
Population
2,450
Median Income
$43,524
Area Information
Area
8.58 km²
Population Density
286 people/km²
Property Market
Median Price
$1,128,961
Annual Growth
+8.7%Property Price Trend Analysis
Current Median Price
$1,128,961
Annual Growth
+8.7%
Quarterly Growth
+4.8%
Price Trends - Last 6 Months
2024-01
$594,039
+4.9%2024-02
$1,070,621
+5.8%2024-03
$1,022,023
+12.8%2024-04
$654,217
+10.2%2024-05
$844,682
+8.8%2024-06
$527,416
+8.4%Property Type Price Analysis
House
Median Price
$1,680,514
Growth Rate
+7.1%Available Listings
473 properties
Apartment
Median Price
$476,316
Growth Rate
+11.7%Available Listings
581 properties
Townhouse
Median Price
$629,921
Growth Rate
+10.6%Available Listings
241 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