Wantirna South

Wantirna South, VIC 3152 is a vibrant suburb with a total population of 20,754. The area experiences population growth, especially in the age groups of 0-4 years and 45-64 years. Residents enjoy a well-connected commute with a significant percentage working from home. The suburb has a diverse mix of occupations, with professionals, managers, and technicians being the top three. The educational advantage of students in government schools is high, with an ICSEA percentile of 81.0. For house investors, Wantirna South offers a stable market with a good median growth rate. The suburb has a moderate sale price IQR ratio, making it potentially suitable for renovators. The rental yield is decent, and the vacancy rate is low, indicating a strong demand. For unit investors, the market absorption rate is above 15%, signalling higher demand. The unit sale price IQR ratio is relatively high, suggesting opportunities for value addition. Wantirna South, VIC 3152 presents an attractive prospect for both homebuyers and investors. With strong demand for both houses and units, a stable market, and a well-connected community, the suburb offers a blend of urban convenience and a family-friendly environment. The high educational advantage and diverse occupation mix contribute to the overall desirability of the area. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022