Question 1

Is Wattle Glen a nice place to live?

Accepted Answer

Wattle Glen is a small, semi-rural suburb in Melbourne’s outer north-east that feels like a country village. Tucked into bushy hills along the Hurstbridge railway line, it has a compact cluster of shops and a local station, while much of the area is rural residential with larger blocks, hobby farms and native bushland. Housing ranges from older cottage-style homes to newer family houses among gum trees, and residents value the quiet village atmosphere, easy access to nearby Eltham and Hurstbridge for services, and a lifestyle shaped by walking trails and private gardens.

Families make up the heart of Wattle Glen's household mix. Couple families with children are the largest group at 52.8%, and together with couple families without children (32.0%) they account for 84.8% of families. One-parent families are 13.3% and other families 1.8%.

The suburb is home to 1,911 people with a median age of 42. The typical household brings in $2,425 a week, which is about $126,100 a year.

Homes in Wattle Glen are overwhelmingly owner-occupied: 42.0% are owned outright and 52.9% are owned with a mortgage, a combined 94.9% owner-occupation, while renters make up 5.1%.

Question 2

Is it expensive to live in Wattle Glen?

Accepted Answer

Wattle Glen's median total household income was $2,425 a week as recorded at the most recent Census. There haven't been enough recent sales or rentals to publish reliable house, unit or rent figures, so it's not possible to describe how expensive it is to live in Wattle Glen compared with local incomes.

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 Wattle Glen a good place to invest?

Accepted Answer

House values in Wattle Glen rose 10.2% over the past 12 months, a strong increase in the capital value of houses. If capital growth is your priority as an investor, that is the movement to note; whether it fits your goals and circumstances is something only you can 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	N/A	N/A
Change in value Past 12 months	10.2%	N/A
Sold Past 3 months	6	N/A
Median days on market Past 12 months	25	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

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