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Warrandyte South, VIC 3134

Home » VIC Real Estate Data » Manningham City, VIC » Warrandyte South, VIC 3134

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Warrandyte South, VIC 3134 located in Melbourne to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

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Rent 

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Yield 

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Buy 

1BR

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Rent 

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Yield 

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Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Warrandyte South, VIC 3134”

  1. The total adult population (15 years or older) of Warrandyte South 3134 VIC is 564, with a median age of 45. Of those, 62.06% are married, 4.43% are divorced or separated, 31.38% are single and 1.95% are widowed.

    The average household size is 3.3 people per dwelling, and the median household monthly income is estimated to be $13,000. The median monthly mortgage repayment for households in this suburb is $2,412 which is 18.55% of their earnings.

    Source: ABS Census Data (2021)

  2. Warrandyte South, a suburban gem tucked away in VIC, houses an intimate community of approximately 239 households. As we stroll into Q3 of 2023, houses in this locality are echoing sale prices typically hovering around $2,107,025. Accompanying this figure is a median weekly rent of $808, which spins off an indicative yield of around 1.99%.

    In the socio-economic realm, Warrandyte South proudly holds an IRSAD score of 1129 out of 1217. This suggests that residents have abundant access to economic resources, likely belong to high-income bands and bring laurels to the suburb with their skilled professions. Delving into the property market specifics, a promising renter to owner ratio of 4% is observed. The area strikes a healthy balance between rentals and owner-occupied properties, reducing competition among landlords and keeping rental yield healthy.

    Further accentuating the property scene is a units to houses ratio of just 1%. This low proportion demonstrates a distinct preference for houses over units in the suburb, a tactic that keeps rental oversaturation and market competition at bay.

    Nonetheless, potential investors should be aware that the affordability index signals a rough span of 63 years to fully own a house in this locality. This slightly overshadows the brightness of the market attractiveness.

    Turning the lens towards supply metrics, Warrandyte South has a modest stock on market Percentage for houses at 0.84% and an average inventory level sitting at 4.0 months. These figures suggest a balanced situation, neither overflowing with excess property nor starved of supply. Furthermore, the building approvals Ratio for houses nestles at a chill 0.0%, hinting at slow growth.

    On the demand front, properties in Warrandyte South tend to spend an extended 175 days on the market. This sluggish pace, along with an elevated combined vacancy rate of 10.0% for both houses and units, requires careful consideration.

    However, the buy search index for houses navigating the value of 6 injects a positive note into the atmosphere. This suggests robust potential interest among buyers, despite the laid-back market turnover.

    There exist mixed signs of charm and caution in Warrandyte South’s property market. As with any property investment, thorough analysis of the data is key to discerning this suburb’s true investment potential. And of course, keeping your finger on the pulse of market dynamics in Warrandyte South will help grapple with inevitable market changes and shifts. Remember, the right decisions are always data-driven!

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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