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Warrnambool Property Investment Overview

Suburb research data for Warrnambool, VIC 3280 — median prices, rental yield and suburb signals. General information only.

Government Public Data Price 2025 Rent 2021
Median House Price
$600,000
2025 data · estimate
Gross Rental Yield
2.5%
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Weekly Rent
$290
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Renter Demand
45%
of residents rent
Vacancy Rate
1.1%
Low — tight market
Population
31,308
Suburb residents
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📍 Suburb Overview

State VIC
Postcode 3280
Median house price $600,000
Median unit price —
Weekly rent (median) $290/wk (unlock cashflow model)
Gross yield 2.5% (unlock risk & score)
Renter % 44.6%
Vacancy rate 1.12%
Population 31,308
Median household income $72,020/yr
Owner-occupied 55.4%
Median age 42 yrs
Total dwellings 8,366

🛡️ Safety & Crime

Reported crime level Moderate reported crime
Incidents / 1,000 residents 29

Warrnambool shows around-average reported crime compared with other VIC suburbs, based on 2024 state police data.

Source: VIC police / crime statistics. Reported offences vary by category and reporting practices — check current local figures before deciding.

Investment Signals

Confidence: High High

Multiple core metrics are available, including price, rent/yield and population or demand indicators.

Last updated: 2025 · Public suburb-level data coverage varies by location and source. Verify current figures before making property decisions.

✅ Low vacancy (1.1%) — tight rental market
⚠️ Price is an estimate — limited recent transaction data available
⚠️ Rent data is from 2021 — may not reflect current market
🔵 Moderate reported crime (29 incidents/1,000 residents) — VIC reported data 2024
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Price History

Source: VIC_DTPLI_Quarterly. Suburb-level medians — not individual sale prices.

🏫 Schools

Schools in suburb 9
Primary 6
Secondary 4
Schools in Warrnambool
Merrivale Primary School Primary · Government
St Joseph's School Primary · Catholic
Warrnambool East Primary School Primary · Government
Warrnambool Primary School Primary · Government
Warrnambool West Primary School Primary · Government
King's College Combined · Independent
Brauer Secondary College Secondary · Government
Emmanuel College Inc. Secondary · Catholic
Warrnambool College Secondary · Government
Warrnambool Special Developmental School Other · Government
School locations from state education departments / ACARA. List reflects schools located within the suburb.

🔄 Compare & Explore

Similar suburbs in VIC by price range, ranked by yield:

Cranbourne South, VIC
5.8% yield
$425,000
Mount Duneed, VIC
5.5% yield
$425,000
Cranbourne South, VIC
5.4% yield
$455,000
Fyansford, VIC
5.3% yield
$478,000
Chirnside Park, VIC
5.1% yield
$450,000
Sandhurst, VIC
5.1% yield
$545,000
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💰 Cashflow Snapshot

80% LVR · 6.2% interest · indicative only — not financial advice
Purchase price $600,000
Deposit (20%) $120,000
Loan (80% LVR) $480,000
Weekly rent $290/wk
Annual rent income $15,080/yr
Est. annual interest -$••,•••
Mgmt fees + costs -$•,•••
Est. net cashflow +/- $••,•••/yr
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❓ Frequently Asked Questions

Is Warrnambool a good suburb to invest in?

Warrnambool has an average renter proportion and a low vacancy rate, suggesting tight rental demand. Use this data as a research signal only. Always conduct property-level due diligence and seek independent professional advice before making any investment decision.

What is the median house price in Warrnambool?

The median house price in Warrnambool is approximately $600,000 based on 2025 public data (estimate — limited transaction evidence available).

What is the rental yield in Warrnambool?

The indicative gross rental yield in Warrnambool is 2.5%, based on a median weekly rent of $290 against a median price of $600,000. This is general data only — actual yields vary by property, condition and market timing.

How does Warrnambool compare to other suburbs?

Use the suburb comparison tool to compare Warrnambool against other Australian suburbs by price, yield, vacancy and renter demand.

Is Warrnambool a safe suburb?

Warrnambool shows around-average reported crime compared with other suburbs in VIC, based on 2024 state police data. The reported crime rate is about 29 incidents per 1,000 residents. Always check current local crime statistics before deciding.

What schools are in Warrnambool?

Warrnambool has 10 known schools, including Merrivale Primary School, St Joseph's School, Warrnambool East Primary School, Warrnambool Primary School. Catchments and enrolment policies change — confirm directly with each school.

Where does PropertyScoutAU get its suburb data?

PropertyScoutAU uses public and government datasets where available, including price, demographic and rental indicators. Coverage varies by suburb and some fields may be estimated or unavailable. See our data sources page for full details.

General information only. PropertyScoutAU provides suburb-level research data from government public sources. All figures are indicative medians and may not reflect current market conditions or individual property values. This is not financial, investment, legal or tax advice. Always verify independently and consult qualified professionals before making any property decision. About our data →