Question 1

Is Wesburn a nice place to live?

Accepted Answer

Wesburn is a small, semi-rural village in the upper Yarra Valley beside the Yarra River. Housing is low-density, from older timber and weatherboard cottages to larger rural-residential blocks, and a modest township strip provides basic shops and community facilities. Life leans outdoors, with walking, cycling and river recreation commonly enjoyed. Wesburn Park is the local hub for trails and active recreation; its pump track provides junior, intermediate and advanced loops and associated landscaping, and the park is positioned as the primary trailhead for stage 1 of the Warburton Mountain Bike Destination. The Lilydale to Warburton Rail Trail and the Warburton Bike Park trailhead at Wesburn Park improve walking and cycling access, and Wesburn Primary School serves local students.

About 1,052 people live in Wesburn and the median age is 43. Homes are overwhelmingly owner-occupied, and families are dominated by couples. That combination and the available outdoor amenities mean Wesburn suits people seeking a tree change or a quieter family life while keeping easy road access to neighbouring towns; whether it feels right for you will depend on what you want from a suburb.

Question 2

Is it expensive to live in Wesburn?

Accepted Answer

There haven't been enough recent sales or rentals in Wesburn to publish reliable current house prices or rents. With only the Census income figure available and no up-to-date price or rent data, it isn't possible to describe how expensive it is to live in Wesburn 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 Wesburn a good place to invest?

Accepted Answer

House values in Wesburn fell 23.2% over the past 12 months, a sharp decline in the capital value of houses during that period. If capital growth is your priority, that movement is the number to focus on; whether it suits 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	-23.2%	N/A
Sold Past 3 months	3	N/A
Median days on market Past 12 months	49	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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