Warrandyte VIC

Postcode 3113 · Manningham LGA

Warrandyte is a mid-sized suburb in Victoria within the Manningham local government area (postcode 3113). With a population of 5,541, the suburb has a mature demographic with a median age of 45. Households earn a median income of $143K per year, with an average household size of 3 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Scottish.

The median house price in Warrandyte is $760,000, having remained flat 0% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 4.1%. The median monthly mortgage repayment is $2,200.

Warrandyte is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 1086, which is above the national average of 1,000. Public transport access includes 48 bus stops. The crime rate in the Manningham LGA is below average at 3,807 incidents per 100,000 population.

From an investment perspective, Warrandyte offers a gross rental yield of 4.1%, rated as moderate yield. Property prices are near the state median ($760K/$875K). The price-to-income ratio of 5.3x is considered affordable. House prices have moved +0.0% year-on-year.

INVESTMENT SIGNALS
Rental Yield4.1% Moderate Yield
Price vs State$760K/$875K Near Median
Affordability5.3x Affordable
Price Momentum+0.0% Stable
INCOME (ATO 2022-23)
Median Income$63,876
Mean Income$101,437
Earners7,404
YoY Change+7.3%
SEIFA INDEX (ABS)
Advantage10/10
Education10/10
Economic10/10
Disadvantage10/10
MEDIAN HOUSE
$760K
0% YoY
MEDIAN RENT /WK
$492
POPULATION
5,541
DEMOGRAPHICS
Median Age45
Household Size3
HH Income /wk$2,742
Personal Income /wk$931
Mortgage /mth$2,200
CRIME (Manningham LGA)
Crime Rate (per 100k)3,807
Total Incidents5,053
TRANSPORT
Bus Stops48
SCHOOLS (3)
Avg ICSEA1086
Total Students656
Government3
Warrandyte High SchoolSecondary · Government · ICSEA 1049
Warrandyte Primary SchoolPrimary · Government · ICSEA 1112
Andersons Creek Primary SchoolPrimary · Government · ICSEA 1096
Data: 2014