Warragul median housing prices rise 8.7%
Warragul, VIC 3820
Despite still being an affordable location compared to Metro Melbourne house prices Warragul house prices have been on the march upwwards since 2020.
The Median Sale Price of $500,000 has risen 8.7% in the past 12 months compared to a national average of 4.3%.
People are discovering the hidden gem just 94kms from the Melbourne CBD and the population has swelled 13% over the past 5 years.
The population of Warragul is now 16,000 people with a further 12,000 in Drouin that has seen population rise 28% in the past 5 years.
The Drouin average sale price in $490k which has risen 11.36% in the past year.
This compares to key Metro suburbs
- Clyde with a $572k Median Sale Price that rose 4.86% in the past 12 months
- Officer with a $600kMedian Sale Price and a rise of 7.25% in the past 12 months
- Pakenham $532kMedian Sale Price a rise of 6.49% in the past 12 months
- Narre Warren with a $615kMedian Sale Price and a rise of 5.05% in the past 12 months
If you would like to move to Warragul please look at the award winning Waterford Rise www.waterfordrise.com.au that was voted Victoria's premier housing esate in 2020.