Property value increases in Wantirna have tracked just higher than the VIC average of 0.13% over the last 12 months.
When looking at the potential capital gains offered to property investors over the last 3 years, Wantirna comes in at number 462th in VIC.
Wantirna, 3152 is offering VIC ‘s 523th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this VIC.
On average over the past year, suburb has had 11.08 sales per month, which equates to 133 per year.
Wantirna, 3152’s gross rental yield is 3.99%
Selling points: Wantirna’s proximity to all amenities and services provides an exceptional lifestyle for a large diverse group of families. With four local Primary Schools, Wantirna Secondary College, an abundance of parklands and easy access to Studfield Shops, Wantirna Mall and Knox City life is easy going in this leafy suburb.
Most sought-after properties: Three to five bedroom family homes on approx. 700sqm of land are the most sought after in quiet cul-de-sacs of the Regency Park Estate situated in the heart of Wantirna.
Most common properties: 1970 to 1980 brick veneer 3 to 4 bedroom homes are the most sought after properties in Wantirna. As a family’s needs grow many of the local residents will upsize and seek out the larger properties measuring approx. 40 squares of living offering 4 bedrooms plus a study, three living areas as they have well and truly cemented themselves in the local community by then and look to live out their lives in the Wantirna area.
Top amenities: Westfield Knox Shopping Centre provides many attractions including restaurants, cinemas & over 200 designer shops. Well regarded Templeton Primary School and Wantirna College will service all of your children’s education needs. Plenty of open parklands for all enjoy, local sporting clubs and easy access to the Eastlink to commute to the CBD
Local industry and business: Many residents commute to Melbourne’s CBD. Local traders include shop owners and staff at the Studfield Shops and Wantirna Mall, ranging from cafes to boutique shops including many hospitality employees.
Recent changes: Westfield Knox Shopping Centre has had some significant upgrades over the past five years. There are two high density apartment developments that are under construction which is setting a new standard of living in the Wantirna area. The City of Knox has always held a vision to improve local infrastructure; most recently the Knox Private Hospital had a major overhaul, Wantirna College had new facilities built, local parklands have been well maintained.
Best streets: Amersham Drive, Wantirna is one of the best regarded streets with quiet leafy courts branching off offering large prestigious property that your friends and family will envy. The most sought after area in Wantirna is known as Regency Park due to its proximity to local Primary Schools, shops and its family neighbourhood feel.
Public transport: There are a number of buses along Burwood Highway, Stud and Boronia Road, not to mention the central bus hub at Westfield Knox which has direct links to Mitcham, Glen Waverley train stations.
Main arteries: The main roads that service the Wantirna area are Burwood & Mountain Highway, Stud and Boronia Road. In June 2007 travel time was definitely cut short with the opening of Eastlink if you were heading to the beach of CBD.