Warragul suburb profile
Warragul is a picturesque town in Victoria's West Gippsland region, known for its lush landscapes and vibrant community spirit. Situated approximately 100km southeast of Melbourne, it serves as a key regional hub with a rich agricultural heritage. Warragul offers a charming blend of rural and urban living, featuring historic buildings, local markets, and a thriving arts scene. The town is well-connected by road and rail, making it a convenient location for commuters. With its scenic parks, quality schools, and diverse dining options, Warragul is an appealing destination for families and individuals seeking a balanced lifestyle.
Warragul property market performance
Current median dwelling price$549,000Past 3 months
Property growth-2.0%Past 12 months
Warragul's property market has shown stability over the past 12 months, with house values experiencing a modest increase of 0.8%, bringing the median house price to $700,000. The unit market has remained unchanged, with no significant movement in median values. Over the past three months, 135 houses and 9 units have been sold, indicating a stronger demand for houses.
Houses in Warragul are taking a median of 49 days to sell, while units are moving faster with a median of 34 days on the market, suggesting a quicker turnover in the unit sector. The rental market has seen notable growth, with house rents increasing by 9.5% and unit rents by 6.1% over the last 12 months, reflecting a rising demand for rental properties in the area.
| Houses | Units | |
|---|---|---|
Median price Past 3 months | $700K | N/A |
Change in value Past 12 months | 0.8% | -4.8% |
Sold Past 3 months | 135 | 9 |
Median days on market Past 12 months | 49 | 34 |
Average rent Past 12 months | $575 | $403 |
Change in rent Past 12 months | 9.5% | 6.1% |
5 year median price trend for houses and units
Warragul demographics
Warragul, located in the picturesque Gippsland region of Victoria, is a thriving town known for its blend of rural charm and modern conveniences. With a population of 19,856, Warragul offers a welcoming community atmosphere that appeals to families, retirees, and professionals alike. The median age of 40 reflects a balanced demographic, with a mix of young families and older residents enjoying the town's relaxed lifestyle and scenic surroundings.
The housing market in Warragul is characterized by a strong sense of homeownership, with 38.4% of properties owned outright and 38.5% owned with a mortgage. This stability is complemented by a rental market that accounts for 23.1% of properties, providing options for those seeking flexibility. The town's family-friendly environment is evident in its household composition, with 40.4% of families being couples with children and 42.7% being couples without children, highlighting its appeal to both growing families and those enjoying a quieter life.
Warragul's economy is supported by a diverse range of industries, including agriculture, retail, and healthcare, providing ample employment opportunities for residents. The town's vibrant community life is enriched by local events, markets, and recreational activities, making it an attractive destination for those seeking a balanced lifestyle. With its combination of natural beauty, community spirit, and modern amenities, Warragul continues to be a desirable place to live in Victoria.
Warragul infrastructure, key developments and investment opportunities
Warragul is experiencing significant residential growth, guided by the Warragul Precinct Structure Plan, with new estates and infill developments aiming to accommodate increasing population in the south eastern growth corridor. The local council continues to prioritise infrastructure upgrades, including recent improvements to road networks and green spaces, designed to support both new and established communities while enhancing overall liveability.
Proximity to quality schools, retail precincts, and extensive parkland continues to make Warragul attractive for families and commuters. While there are no major new public transport or large-scale commercial redevelopments announced recently, ongoing council planning is focused on ensuring future development is sustainable and well-integrated with essential amenities. At present, these trends are likely to underpin stable demand and support property values in Warragul over the medium term.
Warragul rental market trends
The rental market in Warragul has experienced steady growth, with house rents increasing by 9.5% over the past year to $575 per week, while unit rents have risen 6.1% to $403 per week. With its appealing lifestyle and proximity to Melbourne, Warragul continues to attract renters and investors seeking a balance of affordability and growth potential.
Suburbs near Warragul
Some popular suburbs near Warragul include:
How does Warragul compare to nearby suburbs?
- Median house prices: Warragul’s median house price is 2.9% higher than Drouin’s.
- Median unit prices: Warragul’s median unit price is 32.7% higher than Traralgon’s.
- House price growth: Property prices in nearby Drouin have risen 4.1% more than in Warragul over the past year.
- Unit price growth: Property prices in nearby Drouin have risen 7.0% more than in Warragul over the past year.
- Selling speed for houses: Properties in Warragul are selling 12.5% faster than in Traralgon.
- Selling speed for units: Properties in Warragul are selling 38.2% faster than in Drouin.

