All About Warrandyte South, Manningham, VIC, 3134

Warrandyte South, located within the Manningham region of Victoria, offers a unique blend of semi-rural charm and suburban convenience, which is reflected in its housing market. The area is known for its spacious properties and lush landscapes, making it an attractive option for those seeking tranquility without sacrificing access to urban amenities. The housing market in Warrandyte South tends to feature larger, family-oriented homes, often set on expansive plots of land. This results in a community that feels open and less densely populated than more urban areas, which can be particularly appealing to families and those who appreciate nature. While property prices can be higher compared to some neighboring suburbs, the investment is often justified by the quality of life that the area provides, along with the stability and demand for homes in such a picturesque setting.

Living in Warrandyte South combines the best of both worlds: the peace and natural beauty of country living and the conveniences of suburban life. The area is surrounded by parks and reserves, like the nearby Warrandyte State Park, offering residents ample opportunities for outdoor activities such as hiking, cycling, and bird watching. The community is tight-knit, with a robust local culture that often centers around community events, markets, and festivals. Despite its serene setting, Warrandyte South maintains easy access to Melbourne’s central business district, approximately 30 kilometers away, providing a reasonable commute for those working in the city. Additionally, local amenities such as schools, shops, and cafes ensure that day-to-day needs are easily met. Overall, Warrandyte South is ideal for those looking for a peaceful lifestyle with the perks of modern living.

Warrandyte South Real Estate Market Outlook

Thinking about buying in Warrandyte South? Now could not be a better time, with just 271 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $3,044,000 with prices in this suburb ranging from $674,000 to $9,414,000. The aproximate distance to the coast is 24 Km.

In Warrandyte South there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. High average incomes in Warrandyte South ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Warrandyte South provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Warrandyte South necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Warrandyte South we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Warrandyte South a better buying opportunity than it may have been in the past.

Instant Property Valuation

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Public Transport

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General Points of Interest

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Nearby Suburbs

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