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Wattle Glen suburb profile

Wattle Glen is a picturesque suburb located in Melbourne's northeastern outskirts, known for its serene rural atmosphere and natural beauty. Nestled within the Shire of Nillumbik, it offers a peaceful retreat from the hustle and bustle of city life while still being accessible to Melbourne's CBD. The suburb is characterized by its lush greenery, rolling hills, and a strong sense of community. Wattle Glen is popular among families and nature enthusiasts, with its proximity to parks, walking trails, and the Diamond Creek. The local train station provides convenient access to the city, making it an ideal location for those seeking a tranquil yet connected lifestyle.

Wattle Glen property market performance

Wattle Glen's property market has shown some activity over the past 12 months, with house values increasing by 6.7%. However, the median house price remains unavailable, as does the median unit price, reflecting limited data in the area. Over the past three months, 6 houses were sold, while no units were transacted, indicating a lack of unit market activity.

Houses in Wattle Glen are selling relatively quickly, with a median of 21 days on the market. The unit market, however, has seen no sales, suggesting a stagnant or non-existent demand for units in the suburb.

Rental data for Wattle Glen is currently unavailable, with no reported changes in rent for either houses or units over the last 12 months. This lack of rental information may indicate a limited rental market or insufficient data collection in the area.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
20.1%N/A
Sold
Past 3 months
7N/A
Median days on market
Past 12 months
22N/A
Average rent
Past 12 months
N/AN/A
Change in rent
Past 12 months
N/AN/A

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Wattle Glen demographics

Wattle Glen, nestled in the northeastern suburbs of Melbourne, offers a serene and family-friendly environment. With a population of 1,911, this suburb is characterized by its lush greenery and a strong sense of community. The median age of 42 suggests a mature population, with many families and long-term residents enjoying the peaceful lifestyle that Wattle Glen provides. The suburb's proximity to natural reserves and parks makes it an ideal location for those who appreciate outdoor activities and a slower pace of life.

The housing landscape in Wattle Glen is predominantly owner-occupied, with 42% of properties owned outright and 52.9% owned with a mortgage. This high rate of home ownership reflects the suburb's appeal to families and individuals seeking stability and a long-term investment in their living arrangements. Only 5.1% of properties are rented, indicating a strong preference for home ownership among residents.

Family life is a central aspect of Wattle Glen, with 52.8% of households being couple families with children. This highlights the suburb's suitability for raising a family, supported by local schools and community facilities. Additionally, 32% of households are couple families without children, and 13.3% are one-parent families, showcasing a diverse range of family structures. With a median total household income of $2,425 per week, Wattle Glen residents enjoy a comfortable standard of living, making it a desirable location for those seeking a balance between suburban tranquility and accessibility to Melbourne's urban amenities.

Suburbs near Wattle Glen

Some popular suburbs near Wattle Glen include:

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