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Werrington County Suburb Insights
VICLocation Information
Suburb Name
Werrington County, VIC
Distance from CBD
14 kmDemographics
Population
3,645
Median Income
$38,948
Area Information
Area
2.09 km²
Population Density
1744 people/km²
Property Market
Median Price
$669,007
Annual Growth
+18.4%Property Price Trend Analysis
Current Median Price
$669,007
Annual Growth
+18.4%
Quarterly Growth
+1.7%
Price Trends - Last 6 Months
2024-01
$393,611
+10.9%2024-02
$691,890
+9.1%2024-03
$712,576
+9.8%2024-04
$580,490
+7.7%2024-05
$830,141
+12.9%2024-06
$473,664
+19.4%Property Type Price Analysis
House
Median Price
$1,460,549
Growth Rate
+14.1%Available Listings
282 properties
Apartment
Median Price
$491,217
Growth Rate
+17.9%Available Listings
740 properties
Townhouse
Median Price
$791,762
Growth Rate
+14.5%Available Listings
325 properties
Investment Potential Assessment
Investment Advantages
- Annual growth exceeds 8% - excellent performance
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy