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Warrimoo Suburb Insights

VIC
Location Information

Suburb Name

Warrimoo, VIC

Distance from CBD

6.1 km
Demographics

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