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Nunawading suburb profile

Nunawading is a well-established suburb located 18km east of Melbourne's CBD, known for its family-friendly atmosphere and convenient amenities. The suburb is characterized by a mix of residential, commercial, and industrial areas, offering a diverse range of housing options. Nunawading is home to the popular "Golden Mile" shopping strip, featuring a variety of retail outlets and services. Excellent public transport links, including the Nunawading train station and easy access to the Eastern Freeway, make commuting straightforward. With its blend of suburban tranquility and urban convenience, Nunawading is a desirable location for families and professionals alike.

Nunawading property market performance

Current median dwelling price$939,000Past 3 months

Property growth+5.2%Past 12 months

Nunawading’s property market has shown positive growth over the past 12 months, with house values increasing by 2.2% and unit values rising by 5.9%. The median house price over the past three months has averaged $1.17 million, while units have averaged $785,000, indicating a healthy demand for both property types.

Sales activity has been robust, with 43 houses and 17 units sold in the past three months. Units are selling faster than houses, with a median time on market of 29 days compared to 43 days for houses, suggesting stronger demand in the unit market.

The rental market in Nunawading has also experienced significant growth, with average rents for houses increasing by 8.1% and units by 8.0% over the last 12 months, reflecting a strong rental demand in the area.

	Houses	Units
Median price Past 3 months	$1.08M	$798K
Change in value Past 12 months	2.8%	7.6%
Sold Past 3 months	40	13
Median days on market Past 12 months	41	29
Average rent Past 12 months	$673	$550
Change in rent Past 12 months	8.5%	10.0%

5 year median price trend for houses and units

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Nunawading demographics

Nunawading, located in Melbourne's eastern suburbs, is a family-friendly area known for its leafy streets and community-oriented lifestyle. With a population of 12,413 and a median age of 39, it attracts a mix of families, professionals, and retirees who appreciate its balance of suburban tranquility and urban convenience. The suburb's proximity to major shopping centers, schools, and public transport options makes it an appealing choice for those seeking a well-rounded living environment.

Housing in Nunawading is characterized by a strong sense of ownership, with 33.5% of properties owned outright and 36.4% owned with a mortgage. This reflects a stable community with a significant number of long-term residents. The rental market, comprising 30.1% of properties, offers flexibility for those not yet ready to buy, including young professionals and families. The suburb's family-oriented nature is evident, with 49.1% of households being couple families with children, while 35.7% are couple families without children, and 13.2% are one-parent families.

Nunawading's workforce is diverse, with many residents employed in professional, managerial, and administrative roles. The suburb's median total household income of $1,938 per week indicates a relatively comfortable standard of living. With its blend of community spirit, accessibility, and amenities, Nunawading continues to be a desirable location for those seeking a harmonious suburban lifestyle within reach of Melbourne's bustling city life.

Nunawading infrastructure, key developments and investment opportunities

Nunawading continues to benefit from its established role as a major retail and employment hub along Whitehorse Road, with bulky-goods retail, auto dealerships and homemaker-style centres supporting local jobs and underpinning steady housing demand.[5] The presence of the City of Whitehorse’s main offices in the suburb also sustains ongoing civic investment and activity, which generally supports local amenity and long-term property confidence.[5] Local schooling options, including Mount Pleasant Road Nunawading Primary School and Nunawading Christian College (primary and secondary), remain a key drawcard for families and help maintain demand for detached housing and townhouses in surrounding streets.[3]

Nunawading’s location on key arterial routes, with direct access to major roads and public transport into the CBD and surrounding employment centres, continues to be one of its main advantages for commuters and investors.[4][5] There are currently no widely publicised, large-scale new infrastructure or rezoning projects specifically within Nunawading that are expected to significantly alter the property market in the short term, so performance is likely to remain tied to broader eastern-suburbs demand, local school catchments and the strength of the established retail precinct.[3][5]

Nunawading rental market trends

The rental market in Nunawading has experienced steady growth, with house rents increasing by 8.1% over the past year to $670 per week, and unit rents rising by 8.0% to $540 per week. This consistent upward trend reflects the suburb's appeal, driven by its convenient location and ongoing development, making it an attractive option for both renters and investors.

Suburbs near Nunawading

Some popular suburbs near Nunawading include:

How does Nunawading compare to nearby suburbs?

Median house prices: Nunawading’s median house price is 5.9% lower than Mitcham’s.
Median unit prices: Nunawading’s median unit price is 24.6% higher than Blackburn’s.
House price growth: Property prices in nearby Mitcham have risen 1.2% more than in Nunawading over the past year.
Unit price growth: Over the past 12 months, unit prices in Nunawading have grown 5.8% higher than in Mitcham.
Selling speed for houses: Properties in Nunawading are selling 22.6% faster than in Blackburn.
Selling speed for units: Properties in Nunawading are selling 3.3% faster than in Mitcham.
Investment considerations: In Nunawading, the rental yield for house is 6.8% higher than the Melbourne average, while the rental yield for units is 6.1% lower.
House price growth: Over the past 12 months, house prices in Nunawading have grown 15.2% higher than the average rate of growth across Melbourne.
Unit price growth:Over the past 12 months, unit prices in Nunawading have grown 27.1% higher than the average rate of growth for units across Melbourne.

Choose the right real estate agents in Nunawading

In Nunawading ,98 agents are actively selling property, but a small number do the heavy lifting. Just 5 agents handled 31.1% of all sales in the past year, giving them a strong presence and deep experience in the local market.

Commission rates usually sit between 1.71% and 2.57%. Comparing agents and understanding what’s included in their fee structure can help you find the right mix of service, value, and motivation—without compromising on outcomes.

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