Suburb Profile Report for Wantirna South VIC (3152)

Wantirna South House: Median price $1,022,000, Annual capital growth 6.30%, Number of sales 165, Weekly median advertised rent $470

Wantirna South Unit: Median price $595,000, Annual capital growth 3.50%, Number of sales 52, Weekly median advertised rent $415

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: Monthly data update for Nov 2020 as supplied by CoreLogic. Data is reported to the period ending Aug 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • Expert Report
  • House Report
  • Unit Report

With a capital gain of 13.56% for the last 12 months, Wantirna South, 3152 has performed for property investments than its average annual 6.30% property growth over the last 5 years.

Over the longer term, Wantirna South has seen property prices show investors a 7.24% return over the last 3 years. This is an improvement over the last 12 months

At number 377th of VIC’s most discounted properties, Wantirna South is in the TOP 20% of the state/territory when listing in order of most discounted to least.

With the median price for a house in Wantirna South being $1022000 and the advertised rent reaching $470 the gross rental yield for property investors calculates out to be 2.39%

Over the last year, property investments in Wantirna South, 3152 have given investors a capital gain of 17.82%. This compares very favourably with the 6.99% for VIC as a whole.

When looking at the potential capital gains offered to property investors over the last 3 years, Wantirna South comes in at number 122th in VIC.

Wantirna South, 3152’s gross rental yield is 3.63%

Brendan Murphy Information supplied by:

Brendan Murphy
Barry Plant

M 9801 4777
O 0439 388 866

E [email protected]
Property value increases in Wantirna South have tracked close to the VIC average of 0.13% over the last 12 months.
Comparing Wantirna South,3152 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Wantirna South, 3152. Typically our figures indicate that -5.92% is being offered, which puts this VIC suburb at 3214th most discounted overall in Australia.
A $397.5 per week rent on the median house gives suburb investors a gross yield of circa 3.86%, without taking into account capital value appreciation, which has been averaging out at 6.75%.
Selling points: Wantirna South’s proximity to all amenities and services provides an exceptional lifestyle for a large diverse group of families. With four three Primary Schools, The Knox School, Waverley & St Andrews Christian College, an abundance of parklands and easy access to local shops and Westfield Knox Shopping Centre; life is easy going in this leafy suburb.
Most sought-after properties: Four to five bedroom family homes on approx. 800sqm of land are the most sought after in quiet cul-de-sacs of The Knox College Estate situated in the heart of Wantirna South. If you are lucky enough to buy one of these properties then you will be surrounding yourself in a picturesque neighbourhood that you will never want to leave.
Most common properties:  1980 to 1990 brick veneer 4 to 5 bedroom homes are the most sought after properties in Wantirna South. We have seen over the past 5 years a number of new homes being built in Wantirna South and with the addition of the new Harcrest Estate by Mirvac on Stud Rd there is a huge range of designs and sizes to select from.
Top amenities: Knox Westfield Shopping Centre provides many attractions including restaurants, cinemas & over 200 designer shops. Well regarded local schools include The Knox School, Waverley Christian College the St Andrews Christian College to 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 High Street Rd Shops and Westfield Knox Shopping Centre, 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.  The City of Knox has always held a vision to improve local infrastructure; most recently the Knox Regional Sports Centre in Wantirna South provides an amazing outdoor sports facility for sports lovers of all ages. In 2010 the St Andrews Christian College was opened in Tyner Rd Wantirna South which has built a well-regarded name in the local community. 
Best streets: Freemantle Drive, Wantirna South is arguably the best regarded street with quiet leafy courts branching off offering large prestigious property ranging from $800,000 - $1,300,000. The most sought after area in Wantirna South is known as the Knox College Estate due to its proximity to The Knox School, Waverley Christian College and its family neighbourhood feel. We can’t look past some other hidden gems like Renou Road, Wakley Crescent, and the Cathies Lane prescient.
Public transport: There are a number of buses along Burwood Highway, Stud & High Street 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 South area are Burwood Highway, Stud and High Street Road. In June 2007 travel time was definitely cut short with the opening of Eastlink if you were heading to the beach of CBD.
Metrics i HOUSE UNIT
$1,022,000 $595,000
0.20% 6.82%
13.56% 17.82%
6.30% 3.50%
$470 $415
165 52
2.39% 3.63%
37.9 56.1052631578948

Source: Monthly data update for Nov 2020 as supplied by CoreLogic. Data is reported to the period ending Aug 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Good (U)
Find a mortgage broker in Wantirna South VIC
Total population 17477
Median household income ($/weekly) 1454
Median age of persons 42
Median housing loan repayment ($/monthly) 1733
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 1960 11.2
    25-34 years 1811 10.4
    35-44 years 1976 11.3
    45-54 years 2870 16.4
    55-64 years 2478 14.2
    Others 6382 36.5
    Age Group
    Census Count Percent(%)
    Registered Married 7652 55.3
    Not Married 5657 40.9
    Defacto Relationship 531 3.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 10309 60.8
    Indonesia 629 3.7
    Malta 771 4.5
    United Kingdom 851 5.0
    Other 800 4.7
    Others 3586 21.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 1064 6.5
    Christianity 10491 64.3
    Hinduism 762 4.7
    Other Religious Groups 223 1.4
    No Religion 3574 21.9
    Others 214 1.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 474 9.2
    $1,000-$1,249 401 7.8
    $1,500-$1,999 632 12.3
    $2,000-$2,499 489 9.5
    $2,500-$2,999 508 9.9
    Others 2639 51.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 5580 38.7
    Not in the labour force 5009 34.7
    Employed, worked part-time 2889 20.0
    Employed, away from work 482 3.3
    Unemployed, looking for work 457 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 1168 13.1
    Professionals 2206 24.7
    Technicians & trades workers 1114 12.4
    Clerical & administrative workers 1511 16.9
    Sales 1025 11.5
    Others 1925 21.5
    Census Count Percent(%)
    Pre-school 206 4.8
    Infants/Primary 1210 28.2
    Secondary 1397 32.5
    Technical or Further Educational Institution 375 8.7
    University or other Tertiary Institutions 999 23.3
    Others 109 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 15388 92.2
    Semi-detached, row or terrace house, townhouse 971 5.8
    Flat, unit or apartment 322 1.9
    House or flat attached to a shop, office 11 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 2455 43.0
    Being purchased 2187 38.3
    Rented 835 14.6
    Other tenure type 232 4.1
    Tenure Type
Census 2011, ABS
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