Warracknabeal VIC 3393

Here you can find what you need to know about Warracknabeal, VIC, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$212K Median Sale Price (National Average $485k) 726th In VIC
-11.67% Median Sale Price Change (1yr) (National Average 4.30%) 2731st In VIC
$325pw Median Rent (National Average $395) 605th In VIC
8.0% Median Gross Yield (National Average 4.24%) 4th In VIC
Properties sold 51
Average discounting -6.91%
Average Days on Market 73
Stock on Market 24 for sale

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Warracknabeal, VIC National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Warracknabeal, VIC National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Warracknabeal, VIC National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Warracknabeal


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State Auction Clearance Rates


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Suburb Information

Warracknabeal, VIC 3393

Part of: Yarriambiack Council No data available

The size of Warracknabeal is approximately 290.3 square kilometres. It has 10 parks covering nearly 0.5% of total area. The population of Warracknabeal in 2011 was 2,744 people. By 2016 the population was 2,407 showing a population decline of 12.3% in the area during that time. The predominant age group in Warracknabeal is 50-59 years. Households in Warracknabeal are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Warracknabeal work in a community and personal service occupation. In 2011, 75.7% of the homes in Warracknabeal were owner-occupied compared with 76.2% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Warracknabeal

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Warracknabeal   for Houses in last 12 months


There have been 51 Houses sold in Warracknabeal in the past 12 months with a median sale price of $212K, down 11.7% annually. It takes on average 47 days to sell with vendor discounting of -6.9%.

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