Back to Suburb Insights
Werrington Downs Suburb Insights
VICLocation Information
Suburb Name
Werrington Downs, VIC
Distance from CBD
22.6 kmDemographics
Population
3,249
Median Income
$41,184
Area Information
Area
1.11 km²
Population Density
2927 people/km²
Property Market
Median Price
$673,312
Annual Growth
+18.2%Property Price Trend Analysis
Current Median Price
$673,312
Annual Growth
+18.2%
Quarterly Growth
+5%
Price Trends - Last 6 Months
2024-01
$977,263
+5.1%2024-02
$409,375
+4.2%2024-03
$586,363
+5.2%2024-04
$744,564
+8.9%2024-05
$1,126,245
+10.1%2024-06
$878,260
+20.3%Property Type Price Analysis
House
Median Price
$1,035,830
Growth Rate
+8.5%Available Listings
198 properties
Apartment
Median Price
$489,693
Growth Rate
+11.5%Available Listings
334 properties
Townhouse
Median Price
$587,656
Growth Rate
+13%Available Listings
104 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