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Suburb Insights ยท VIC 3030

Werribee 3030, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Werribee is a well-established middle-ring suburb of Melbourne, Australia, with a population of approximately 50,027, making it a significant urban area. Located approximately 30 km from the Melbourne CBD, Werribee is a middle ring area in Victoria. The median household income is $85,540 AUD per year (ABS 2021 Census).

Investment Score

69 / 100 Good

Household incomes in Werribee sit in a comfortable mid-range for the Victoria market.

Location

Map shows Werribee, Victoria, Australia.

Key Indicators

Postcode
3030

Official Australia Post postcode for Werribee. A postcode may cover multiple suburbs.

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Population
50,027

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

ABS Census Data โ†’
Median Rent (weekly)
$330/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
$85,540/yr

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

ABS Census Data โ†’
Distance to CBD
30 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
13

Estimated 13 schools within or near this suburb based on ABS 2021 data.

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Parks & green spaces
20

Estimated 20 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,733/mo

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

ABS Census Data โ†’
Dwelling Type
79% 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

Werribee'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 $330/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,733/month. The median household income of $85,540/year reflects a solid demographic, supporting sustainable rental demand. 79% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

Solid fundamentals in Werribee support capital growth over a medium to long hold period.

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Rental Yield

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

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Renovation / Flip

Older housing stock in Werribee combined with strong buyer demand creates solid renovation upside.

Risk Factors

Run the numbers on a Werribee property

Full Property Analysis

30-year projections for Werribee

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

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2026 Outlook

Growth: Strong Rental Demand: Strong Investor Sentiment: Moderate

The outlook for capital growth in Werribee is encouraging heading into 2026, driven by constrained supply and buyer competition. Rental demand remains robust, with low vacancy rates and growing tenant pools keeping yields competitive. Werribee offers measured appeal for investors willing to look beyond headline metrics.

Frequently Asked Questions

Is Werribee a good suburb for investment?

Werribee is a middle ring area in Victoria with a population of 50,027. The median rent is $330/week and the median household income is $85,540/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 Werribee?

Key demand drivers in Werribee include established amenities and transport access. 79% of dwellings are separate houses. The area has approximately 13 schools and 20 parks nearby.

What is the population of Werribee?

According to the ABS 2021 Census, Werribee has a population of approximately 50,027. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Werribee from the Melbourne CBD?

Werribee is approximately 30 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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