Wantirna is a settled mid-to-large suburb in Victoria within the Knox local government area (postcode 3152). It is home to about 14,237 residents, with an established demographic and a median age of 41. Households earn a median income of $98K per year, with an average household size of 2.8 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.5% year-on-year at the LGA level. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, clerical & administrative, managers. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are English, Chinese, Australian.
The median house price in Wantirna is $668,000, broadly unchanged over the past year. Units have a median price of $815,000 (+16.8% YoY). The current median weekly rent is $620. This gives a gross rental yield of approximately 4.8%. The median monthly mortgage repayment is $2,167.
Wantirna is served by 5 schools, including 4 primary, 1 secondary. The average ICSEA score is 1073, which is above the national average of 1,000. Public transport access includes 46 bus stops. Healthcare facilities include 1 public and 1 private hospitals. The crime rate in the Knox LGA is moderate at 6,424 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 4.8% (moderate yield). Property prices are near the state median ($668K/$875K). The price-to-income ratio of 6.8x is considered moderate. House prices have moved +0.0% year-on-year. Population growth of +0.5% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.