Thinking about buying in Wendouree? Now could not be a better time, with 7015 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $540,000 with prices in this suburb ranging from $123,000 to $2,056,000. The aproximate distance to the coast is 75 Km.

Wendouree Real Estate Market Outlook

In Wendouree 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. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Wendouree due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Wendouree 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. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Wendouree the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Houses for sale Wendouree

	unit 1, 203 dowling st, wendouree, vic, 3355	2	1	2	$330,000 - $350,000
	1154 grevillea rd, wendouree, vic, 3355	4	1	3	Sold $500,000
	unit 2, 1000 grevillea rd, wendouree, vic, 3355	3	1	1	For Sale $420,000 - $435,000
	31 lake st, wendouree, vic, 3355				For Sale $225,000
	6 dermot st, wendouree, vic, 3355	3	1	1	$365,000 - $380,000
	226 dowling st, wendouree, vic, 3355	3	1	1	$399,000 - $419,000
	1025 norman st, wendouree, vic, 3355	3	1	2	$430,000 - $460,000
	14 mcnulty dr, wendouree, vic, 3355	3	1	3	$400,000 - $420,000
	1156 norman st, wendouree, vic, 3355	3	1	2	$430,000 - $445,000
	21 lake st, wendouree, vic, 3355	3	1	4	Under Offer
	3 kiwa st, wendouree, vic, 3355	3	2	1	480000

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General Points of Interest

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