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Suburb Insights ยท VIC 3821

Warragul South 3821, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Warragul South is a regional centre in Victoria, Australia, with a population of approximately 280, making it a boutique locality. Located approximately 94 km from the Melbourne CBD, Warragul South is a regional area in Victoria. The median household income is $111,436 AUD per year (ABS 2021 Census).

Investment Score

52 / 100 Moderate

Above-average earnings in Warragul South support sustained property values. As a regional location, growth prospects depend on local economic conditions and infrastructure investment.

Location

Map shows Warragul South, Victoria, Australia.

Key Indicators

Postcode
3821

Official Australia Post postcode for Warragul South. A postcode may cover multiple suburbs.

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Population
280

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

ABS Census Data โ†’
Median Rent (weekly)
$300/wk

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

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Median Household Income
$111,436/yr

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

ABS Census Data โ†’
Distance to CBD
94 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)
$2,284/mo

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

ABS Census Data โ†’
Dwelling Type
88% 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

As a regional centre, Warragul South serves a wide catchment area. Regional property can offer higher rental yields than metro equivalents, though investors should assess local employment diversity and infrastructure plans. The median rent of $300/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $2,284/month. A median household income of $111,436/year supports premium property values and indicates a well-employed resident base. 88% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

Warragul South offers moderate buy-and-hold potential โ€” look for properties with value-add opportunities.

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Rental Yield

Warragul South can deliver reasonable rental income, though yields are not the primary draw.

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Renovation / Flip

The resale market in Warragul South may not support quick-turnaround renovation projects.

Risk Factors

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Full Property Analysis

30-year projections for Warragul South

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Moderate

Warragul South faces a cautious growth outlook for 2026 โ€” investors should focus on yield rather than short-term gains. Rental demand may be softer โ€” budgeting for vacancy periods is prudent in Warragul South's 2026 outlook. The market mood around Warragul South is balanced โ€” neither bullish nor bearish heading into 2026.

Frequently Asked Questions

Is Warragul South a good suburb for investment?

Warragul South is a regional area in Victoria with a population of 280. The median rent is $300/week and the median household income is $111,436/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 Warragul South?

Key demand drivers in Warragul South include regional employment hubs, lifestyle, and affordability. 88% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Warragul South?

According to the ABS 2021 Census, Warragul South has a population of approximately 280. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Warragul South from the Melbourne CBD?

Warragul South is approximately 94 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). Road travel times will vary; check current mapping services for up-to-date routes.

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