Warrnambool
VIC, 3281
Thinking about buying in Warrnambool? Now could not be a better time, with just 272 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $836,000 with prices in this suburb ranging from $225,000 to $1,905,000. Warrnambool is located fairly close to the coast at just 6Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Household Makeup
| Median Weekly Rent | $356.67 |
| Median Monthly Mortgage | $1713.67 |
| Median Persons Per Bedroom | 0.80 |
| Average Household Size | 3.00 |
| Average Age | 41.67 |
| Average Income | $897.00 |
| Average Cars Per Dwelling | 2.75 |
| Average Properties Within 50M | 3 |
Housing Stock
Average Property Prices
| 3 Bed $696,000 |
| 4 Bed $933,000 |
| 5 Bed $967,000 |
Warrnambool Real Estate Market Outlook
In Warrnambool 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. Incomes in Warrnambool are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The slightly lower than average earnings from occupations in Warrnambool changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Warrnambool 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 Warrnambool 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 Warrnambool a better buying opportunity than it may have been in the past.
Warrnambool, a coastal city in south-western Victoria, is located around 265km from the state capital, Melbourne. With a population of over 35,000, it is a relatively sizeable, relatively populous city with a history stretching back tens of thousands of years. Its name derives from the nearby Mount Warrnambool, however the aboriginal root of this name is something of a mystery; it is known that the prefix “Warr- “ usually refers to a dwelling, but aside from this its meaning is unknown. As a somewhat large city and by far the most significant centre of business, finance, education and commerce for quite a distance, Warrnambool has a central business district as well as a railway station, a number of schools and a university campus run by Deakin University.
As a local service centre and the largest settlement in its area, Warrnambool serves as the heart of its region’s culture and character. It sees quite a lot of tourism due to its coastal situation and the associated beautiful views that may be found along its beautiful beaches, some of which are used by surfers. Warrnambool sits along both the Great Ocean Road and the Princes Highway and is connected to Melbourne and the city of Geelong by rail via V/Line services running from the Warrnambool railway station. In conclusion, Warrnambool is a well-serviced, culturally rich city with stunning coastal vistas and a thriving economy, and is an excellent place to own property.
Houses for sale Warrnambool
|
9 kiaman cl, bushfield, vic, 3281 |  5 |
 2 |
 10 |
999999 |
Local Schools
Woodford Primary School
(While the above schools are located with the suburb of Warrnambool there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Warrnambool weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 1.1 | 11.8 | 25.0 | 45.8 | 92.2 | 5.3 | 24.9 |
| Feb | 1.2 | 12.6 | 24.6 | 49.2 | 93.0 | 5.2 | 20.5 |
| Mar | 1.7 | 11.2 | 22.9 | 50.9 | 94.1 | 5 | 15.7 |
| Apr | 2.0 | 9.4 | 19.9 | 54.6 | 95.0 | 4.8 | 11.5 |
| May | 2.7 | 7.6 | 16.3 | 64.8 | 95.8 | 5.1 | 8.4 |
| Jun | 2.7 | 5.6 | 13.9 | 71.4 | 97.4 | 5.1 | 7.2 |
| Jul | 3.0 | 5.6 | 13.4 | 71.5 | 97.3 | 5.9 | 7.3 |
| Aug | 2.8 | 5.8 | 14.2 | 65.1 | 95.8 | 5.9 | 10.1 |
| Sept | 2.7 | 6.9 | 16.2 | 62.0 | 96.5 | 5.8 | 14.2 |
| Oct | 2.2 | 7.8 | 18.4 | 58.8 | 95.6 | 5.4 | 18.9 |
| Nov | 1.5 | 9.2 | 20.4 | 54.2 | 94.8 | 5.4 | 21.8 |
| Dec | 1.6 | 10.6 | 22.6 | 50.7 | 94.3 | 5.4 | 25.4 |
source: Australian Government Bureau of Meteorology
Internet Speed
Nearby Suburbs
Public Transport
Sherwood Park - Less than 10 KM
General Points of Interest
Warrnambool War Memorial - Less than 10 KM
Cannon Hill - Less than 10 KM
Levys Beach - Less than 10 KM
Granny's Grave - Less than 10 KM
Deakin University (Warrnambool Campus) - Less than 10 KM
Sherwood Golf Course - Less than 10 KM
Flagstaff Hill Maritime Village - Less than 10 KM
Great European War Memorial - Less than 5 KM
Deakin on Timor Warrnambool City Centre - Less than 10 KM
Premier Speedway - Less than 10 KM
Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!