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ABS 2021 Census · Updated 21 May 2026
Werribee South is a well-established middle-ring suburb of Melbourne, Australia, with a population of approximately 2,392, making it a boutique locality. Located approximately 27 km from the Melbourne CBD, Werribee South is a middle ring area in Victoria. The median household income is $83,252 per year.
Werribee South has a solid income profile that supports reliable occupancy rates.
Official Australia Post postcode for Werribee South. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at the most recent census.
Weekly median rent for occupied homes. Live rental data integration coming soon.
Annual median household income (before tax) across all households.
Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 1 school within or near this suburb.
Find schools near Werribee South on My School →Estimated 1 park and green spaces near this suburb.
Monthly median mortgage repayment for households currently paying off a mortgage.
Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.
Werribee South is a smaller community of 2,392 — about 32% of the Victoria suburb median (7,416) — so investors should factor in the narrower buyer pool and longer average time-on-market. Household income of $83,252/year is 13% below the Victoria median of $95,160, typically translating into lower entry prices and a tenant base more sensitive to rent increases. Rent of $350/week (71% coverage of the $2,127/month median mortgage) leaves a gap of roughly $610/month that a typical investor bridges with negative gearing, depreciation and capital growth. At 27 km from Melbourne, Werribee South is an outer-metro location where buyers are typically trading commute time for floor space and a lower entry price.
Middle-ring locations like this one historically reward patient holders — focus on homes near catchment-zone schools and major transport. Local rents consume roughly 22% of household income — a useful sanity check on tenant affordability.
How Werribee South stacks up against the median of all Victoria suburbs in our dataset. Positive values mean Werribee South sits above the state median; negative means below.
| Metric | Werribee South | VIC median | Δ vs state |
|---|---|---|---|
| Population | 2,392 | 7,416 | -68% |
| Median household income | $83,252/yr | $95,160/yr | -13% |
| Median rent (weekly) | $350 | $380 | -8% |
| Median mortgage (monthly) | $2,127 | $1,950 | +9% |
| Distance to CBD | 27 km | 32 km | -16% |
| Separate houses | 66% | 78% | -12pp |
Pre-inspection briefing for Werribee South — every item is derived from public datasets, with full citations in our data sources page.
Limited buy-and-hold upside: a small population of 2,392 means liquidity is thin and capital growth tends to lag the wider Victoria market over full cycles.
Moderate rental coverage: rent of $350/week covers 71% of a $2,127/month mortgage, leaving a $610/month gap that an investor bridges with equity, depreciation and tax benefits.
Only 66% of dwellings are separate houses (vs 78% VIC median) — this is a unit and townhouse market, where cosmetic flips struggle against body-corporate restrictions, thinner after-reno uplift and competing new supply.
Run the numbers on a Werribee South property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Capital-growth expectations for Werribee South are modest for 2026 — incomes 13% below the VIC median of $95,160 and a population of 2,392 suggest gains will lag headline metro markets. Rental coverage runs at ~71% of the typical mortgage ($1,517/month rent vs $2,127/month repayment), leaving a manageable top-up for most investors. The EquitySight investment score of 52/100 places Werribee South in the mid tier of Australian suburbs we profile, and overall investor sentiment is balanced heading into the second half of 2026.
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Werribee South scores 52/100 on our EquitySight investment framework — a moderate rating. That score is driven by a population of 2,392, median household income of $83,252/year and median weekly rent of $350. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.
The main demand drivers in Werribee South are a median household income of $83,252/year, a dwelling mix that is 66% separate houses, roughly 1 schools and 1 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.
Werribee South has a usual resident population of approximately 2,392, compared with a Victoria suburb median of 7,416 — placing it in the lower half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.
Werribee South sits 27 km straight-line from the Melbourne CBD. This is an outer-metro location; local employment and infrastructure announcements tend to move prices more than CBD connectivity alone.
The most recent census recorded a median weekly rent of $350 in Werribee South, equating to approximately $18,200/year in gross rental income (state median $380/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.
The median monthly mortgage repayment in Werribee South is $2,127, or approximately $25,524/year (vs $1,950/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.
A median weekly rent of $350 works out to $1,517/month, covering 71% of the median mortgage repayment of $2,127/month. That leaves a $610/month shortfall (around $7,320/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.
The main risks are a thin buyer pool (2,392 residents), interest-rate sensitivity on the $2,127 median mortgage, the broader Victoria market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.
Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.