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Suburb Insights ยท VIC 3113

North Warrandyte 3113, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

North Warrandyte is a well-established middle-ring suburb of Melbourne, Australia, with a population of approximately 3,027, making it a boutique locality. Located approximately 24 km from the Melbourne CBD, North Warrandyte is a middle ring area in Victoria. The median household income is $143,832 AUD per year (ABS 2021 Census).

Investment Score

75 / 100 Good

North Warrandyte benefits from a high-income resident base, supporting premium property pricing.

Location

Map shows North Warrandyte, Victoria, Australia.

Key Indicators

Postcode
3113

Official Australia Post postcode for North Warrandyte. A postcode may cover multiple suburbs.

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Population
3,027

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$526/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

State Rental Authority โ†’
Median Household Income
$143,832/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
24 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$2,400/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
96% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

North Warrandyte's middle-ring location balances affordability with accessibility. These suburbs often benefit from established infrastructure, good schools, and transport links โ€” making them attractive to families and long-term tenants. The median rent of $526/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $2,400/month. A median household income of $143,832/year supports premium property values and indicates a well-employed resident base. 96% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

With robust local demand and income levels, North Warrandyte is a natural candidate for patient investors.

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Rental Yield

North Warrandyte's rental market favours investors seeking yield โ€” occupancy rates are typically strong in this area.

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Renovation / Flip

Renovation or flip strategies in North Warrandyte face headwinds from a smaller buyer pool and slower turnover.

Risk Factors

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Full Property Analysis

30-year projections for North Warrandyte

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2026 Outlook

Growth: Strong Rental Demand: Moderate Investor Sentiment: Strong

North Warrandyte is well-positioned for continued price appreciation through 2026, underpinned by high household incomes and location appeal. Rental demand is expected to be stable, though landlords may need to remain competitive on pricing. Overall, investor sentiment toward North Warrandyte is positive, backed by solid fundamentals.

Frequently Asked Questions

Is North Warrandyte a good suburb for investment?

North Warrandyte is a middle ring area in Victoria with a population of 3,027. The median rent is $526/week and the median household income is $143,832/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in North Warrandyte?

Key demand drivers in North Warrandyte include established amenities and transport access. 96% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of North Warrandyte?

According to the ABS 2021 Census, North Warrandyte has a population of approximately 3,027. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is North Warrandyte from the Melbourne CBD?

North Warrandyte is approximately 24 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). This is within comfortable commuting range with good transport links.

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