Warragul is a well-established suburb in Victoria within the Baw Baw local government area (postcode 3820). With a population of 19,856, the suburb has an established demographic with a median age of 40. Households earn a median income of $81K per year, with an average household size of 2.5 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Warragul is $320,000, having remained flat 0% over the past year. Units have a median price of $445,000 (+4.7% YoY). The current median weekly rent is $460. This gives a gross rental yield of approximately 7.5%. The median monthly mortgage repayment is $1,625.
Warragul is served by 8 schools, including 4 primary, 2 secondary, 2 special. The average ICSEA score is 1001, which is around the national average of 1,000. Public transport access includes 8 rail stations, 79 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Baw Baw LGA is higher than average at 8,229 incidents per 100,000 population.
From an investment perspective, Warragul offers a gross rental yield of 7.5%, rated as high yield. Property prices sit below the state median ($320K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 3.9x is considered affordable. House prices have moved +0.0% year-on-year.
Warragul is a well-established suburb in Victoria within the Baw Baw local government area (postcode 3820). With a population of 19,856, the suburb has an established demographic with a median age of 40. Households earn a median income of $81K per year, with an average household size of 2.5 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Warragul is $320,000, having remained flat 0% over the past year. Units have a median price of $445,000 (+4.7% YoY). The current median weekly rent is $460. This gives a gross rental yield of approximately 7.5%. The median monthly mortgage repayment is $1,625.
Warragul is served by 8 schools, including 4 primary, 2 secondary, 2 special. The average ICSEA score is 1001, which is around the national average of 1,000. Public transport access includes 8 rail stations, 79 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Baw Baw LGA is higher than average at 8,229 incidents per 100,000 population.
From an investment perspective, Warragul offers a gross rental yield of 7.5%, rated as high yield. Property prices sit below the state median ($320K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 3.9x is considered affordable. House prices have moved +0.0% year-on-year.