Located in Victoria within the Yarra Ranges local government area, Warburton is a smaller residential area (postcode 3799). With a population of 2,020, the suburb has a mature demographic with a median age of 50. Households earn a median income of $60K per year, with an average household size of 2.1 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.7% 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, community & personal service, managers. Employment in the area leans toward healthcare and education. The top ancestries reported are English, Australian, Irish.
Median house prices in Warburton sit at $315,000, little changed on a year ago. The current median weekly rent is $600. This gives a gross rental yield of approximately 9.9%. The median monthly mortgage repayment is $1,400.
Warburton is served by 1 school, including 1 primary. The average ICSEA score is 1004, which is around the national average of 1,000. Public transport access includes 12 bus stops. The crime rate in the Yarra Ranges LGA is moderate at 5,164 incidents per 100,000 population.
From an investment perspective, Warburton shows a gross rental yield of approximately 9.9%, rated as high yield. Property prices sit below the state median ($315K/$875K), which can point to relative value. The price-to-income ratio of 5.3x is considered affordable. House prices have moved +0.0% year-on-year. Population growth of +0.7% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.