Warrandyte VIC Property Investment

Nillumbik · 3113 · Score: 68/100 · Buy

Median House Price
$1.70M
Rental Yield
2.9%
Vacancy Rate
2.2%
Median Weekly Rent
$950/wk
Median Unit Price
$878K
Population
5,541
Days on Market
32 days
Annual Growth
9.7%
AI Investment Analysis

Warrandyte VIC Investment Brief

BUY2.9% gross yield on a $1,700,000 median.

THE MARKET

Warrandyte has compounded at 4.5%/yr over 5 years — a house that cost $1,364,167 in 2021 is worth $1,700,000 today. Properties are sitting on market for 32 days (roughly balanced conditions). At the same growth rate, today's median reaches $2,118,509 by 2031.

  • Median house: $1,700,000 | Units: $877,755
  • Gross yield: 2.9% | Net yield: 1.4%
  • 5yr price CAGR: 4.5%/yr | 3yr forecast: 2.1%/yr
  • Population: 5,541 | Owner-occupier rate: 92% | Affluence: Very High
  • Supply pipeline: Moderate — Development activity consistent with long-term averages

RENTAL SNAPSHOT

  • Vacancy: 2.2% (stable) | Rental demand: High
  • Median weekly rent: $950/wk | Days on market: 32 (stable)
  • Balanced market — vacancy manageable but monitor trend.

SHORT-TERM RENTAL

Insufficient STR data for this suburb. Run a specific address analysis for property-level STR projections.

INFRASTRUCTURE & CATALYSTS

  • Angliss Hospital Expansion (Under Delivery)
  • Transport: Standard suburban transport access

BULL CASE

If Warrandyte maintains 3%+ annual growth and vacancy stays below 1.5%, median prices could reach $1,955,000 within 3 years with yields compressing slightly as capital values rise.

BEAR CASE

A market correction or interest rate shock could see prices in Warrandyte pull back 10-15% from $1,700,000, with vacancy rising to 4.0% and rental yields softening as tenants gain leverage.

KEY RISKS

  • Bushfire risk: HIGH (planning_overlay) — confirm BAL rating and any bushfire overlay obligations for the property

COMPARABLE MARKETS

  • Flemington (VIC): $1,200,000 median, 2.8% yield, 2.3% 1yr growth
  • Altona East (VIC): $1,250,000 median, 1.7% yield, 0.0% 1yr growth
  • Carlton (VIC): $1,400,000 median, 3.1% yield, 8.7% 1yr growth

THE PLAY

Warrandyte presents a compelling investment opportunity. The combination of solid fundamentals and high rental demand supports entry at current price levels. Proceed with due diligence on specific properties. Target gross yields above 2.9% and prioritise properties with value-add potential. Consider timing entry around the current cooling phase of the market cycle.

  • Entry range: $1,530,000$1,870,000
  • Minimum gross yield to target: 4.5%
  • Watch signal: vacancy dropping below 2% and days on market holding under 35

This analysis is for informational purposes only and does not constitute financial, legal, or investment advice. Seek professional advice before making investment decisions.

Gentrification Index

Pre-gentrification3.0/10
High SEIFA decile — already upgraded or established affluent area
Moderate capital growth (4.5% CAGR)
Outer suburban location (24.3km to CBD) — slower gentrification cycle
Active development pipeline (770 approvals) — supply attracting new residents
Strong public transport infrastructure — supports walkable gentrification

Growth Forecast

high confidence
1yr Forecast
4.7%
p.a.
2yr Forecast
4.4%
p.a.
5yr Forecast
3.8%
p.a.

Basis: 5yr CAGR 4.5% + 10yr CAGR 5.8%

Growth drivers
  • +Low rental vacancy (2.2%) — constrained supply
  • +Premium transport infrastructure — supports long-term capital growth
Headwinds
  • High supply pipeline (770 new approvals) — may cap price growth

Suburb Metric Thresholds

9 green4 yellow3 red
Rental Vacancy Rate
2.2 high impact
Days on Market
32 high impact
Weekly Rent (house)
950 medium impact
5yr Price CAGR
4.46 high impact
10yr Price CAGR
5.77 high impact
1yr Price Growth
9.72 medium impact
Population Growth
0.25 high impact
Median Household Income
2751 medium impact
Unemployment Rate
3.6 medium impact
Public Transport Score
42 medium impact
School Zone Quality
7.6 medium impact
Distance to CBD
24.34 medium impact
SEIFA Advantage/Disadvantage
9 medium impact
Owner Occupier Rate
91.7 medium impact
Gross Rental Yield (%)
2.91 high impact
Net Rental Yield (%)
1.41 high impact

Macro Environment

Macro Indicators

Cash Rate

4.35%

0.25%

Cash rate as at 2026-05-06 · Credit data 2026-04

Suburb Supply & Demand

Suburb Supply Pipeline — New Dwelling Approvals

156

2020

168

2021

220

2022

130

2023

96

2025

New dwelling approvals — higher numbers mean more future supply

Socio-Economic Profile

Source: ABS Census 2021

SEIFA Index · Postcode 3113

Most disadvantagedLeast disadvantaged

Decile 10 of 10 — Low disadvantage

Population

8,562

Education (IEO)

10/10

Econ. Resources (IER)

10/10

10-Year Investment Projection

Modelled on Warrandyte VIC data — rent, capital growth, tax, and depreciation over 10 years.

Pre-filled: $950/wk median rent for Warrandyte. Capital growth and rent increase are editable assumptions.

Schools

In your catchment

Warrandyte Primary School
PrimaryGovernment
8.4/10
Warrandyte High School
SecondaryGovernment
6.9/10

These are the government-school zones containing this suburb centroid. Specific addresses within the suburb may fall in different catchments — confirm with the school directly.

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Data sourced from ABS, state government property sales, and Airbnb market analytics. For informational purposes only — not financial advice.