Warragul median housing prices rise 8.7%

April 28, 2021

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.