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Wesburn suburb profile

Wesburn is a serene suburb nestled in Victoria's picturesque Yarra Valley, offering a tranquil lifestyle amidst natural beauty. Known for its lush landscapes and proximity to the Yarra River, Wesburn is a haven for nature enthusiasts and those seeking a peaceful retreat. The suburb is characterized by its rural charm, with a mix of farmland, bushland, and residential properties. Wesburn provides a close-knit community atmosphere, with local amenities and schools catering to families. Its location offers easy access to outdoor activities, wineries, and the vibrant arts scene of nearby towns, making it an appealing choice for residents and visitors alike.

Wesburn property market performance

Wesburn's property market has remained stagnant over the past 12 months, with no change in median house or unit values. The current median house and unit prices stand at $0, reflecting a lack of market activity. Over the past three months, only 5 houses have been sold, with no unit sales recorded, indicating limited buyer interest in the area.

Houses in Wesburn have a median time on market of 44 days, suggesting a moderate pace in sales, while units have seen no activity. The rental market has also been inactive, with no changes in average rent prices for both houses and units over the last year.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
-23.4%N/A
Sold
Past 3 months
6N/A
Median days on market
Past 12 months
47N/A
Average rent
Past 12 months
N/AN/A
Change in rent
Past 12 months
N/AN/A

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Wesburn demographics

Wesburn, nestled in the picturesque Yarra Valley region of Victoria, offers a serene lifestyle with its lush landscapes and close-knit community. With a population of just over 1,000, it provides a peaceful retreat from the hustle and bustle of city life. The median age of 43 suggests a mature community, with many residents likely enjoying the tranquility and natural beauty that the area provides.

The suburb's family-oriented nature is evident, with 42.1% of households being couple families with children, and 39.3% being couple families without children. This balance indicates a community that values family life, with ample opportunities for outdoor activities and community engagement. The presence of one-parent families at 16.6% also highlights the suburb's inclusivity and support for diverse family structures.

Property ownership in Wesburn is predominantly stable, with 38% of homes owned outright and 52.1% owned with a mortgage. This high level of ownership reflects a community invested in its future and committed to maintaining its unique charm. The rental market is relatively small, with only 9.9% of properties being rented, which may appeal to those seeking long-term residency in a tranquil setting.

Overall, Wesburn offers a harmonious blend of natural beauty, community spirit, and family-friendly living, making it an attractive option for those looking to settle in a peaceful yet connected environment.

Suburbs near Wesburn

Some popular suburbs near Wesburn include:

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