Question 1

Is Warrandyte a nice place to live?

Accepted Answer

Warrandyte sits on the Yarra River amid the rolling bushland of Warrandyte State Park. The suburb centres on a historic riverside village of weatherboard cottages and heritage homes, with larger timber and brick houses and bushland acreages on steeper, tree-lined blocks. Residents tend to favour an outdoors-oriented life, with walking and mountain bike trails, river swimming and kayaking close at hand, and a compact town centre of cafes, pubs and artisan shops that supports a relaxed, creative local scene. Commuting is mostly by car, with local buses linking to nearby train stations.

The community of 5,541 people has a median age of 45 and is weighted towards couples and families, with couples (with and without children) making up 88.7% of reported families. Homes are overwhelmingly owner-occupied (92.4%). Ongoing council and state investment in parks, trails and community facilities — from Main Yarra Trail works and upgrades at Warrandyte Reserve to park masterplans and support for local sport — is shaping everyday amenity for residents.

Question 2

Is it expensive to live in Warrandyte?

Accepted Answer

Buying in Warrandyte 3113 sits well above local incomes. The median house price of $1,400,000 is about 9.8 times a typical local household's annual income at the last Census (weekly income $2,742 × 52 = $142,584), which places house prices well above what households recorded at the last Census.

Renting a house here runs to about $925 a week, which is roughly 33.7% of a typical local household's weekly income at the last Census, so rent would take a sizeable share of that income. Which of these measures matters most depends on whether you are looking to buy or to rent, and on your own circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Warrandyte a good place to invest?

Accepted Answer

House values climbed a notable 9.9% over the past 12 months, while house rents increased a solid 5.7% over the same period.

In Warrandyte, that means capital growth on houses outpaced rental income growth this year; the movement in house prices was the stronger performer for someone focused on price appreciation, while the rent change is the figure to watch if rental income matters to you. Whether that fits your goals and circumstances is for you to decide.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	$1.40M	N/A
Change in value Past 12 months	9.9%	N/A
Sold Past 3 months	17	N/A
Median days on market Past 12 months	47	N/A
Average rent Past 12 months	$925	N/A
Change in rent Past 12 months	5.7%	N/A

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