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City of Warrnambool

Population

35,406

City of Warrnambool is a Local Government Area in Australia comprising 5 suburbs with a population of 35,406 residents. For property investors analysing City of Warrnambool capital growth potential, this council area ranks in the top 28% of Australian LGAs for investment opportunity based on our proprietary scoring algorithm.

The current median house price in City of Warrnambool is approximately $661K, making it accessible for investors seeking balanced growth and yield. City of Warrnambool property investment fundamentals show moderate signals, supported by positive population growth trends.

Growth Performance Prediction

Top 28% of areas

Since 2015, the Picki High Performance Growth algorithm has been selecting the best places to invest across Australia. Over that time it has been responsible for selecting over 400 million dollars worth of properties for property investors and has generated 110% higher capital growth when compared to the average.

Overall Growth Potential

72%Very Good

Outperforms 72% of all LGAs

Key Market Indicators

Good Lifestyle Factors

Life Score

4/5

High Opportunity

Opportunity Score

4/5

Good Population Forecasts

Population Score

3/5

Investment Outlook

This area shows good growth potential with positive indicators across most key market factors, suggesting promising conditions for property investment.

Em

Employment Diveristy

Health Care and Social Assistance - 19.00%

Retail Trade - 14.00%

Education and Training - 10.00%

Accommodation and Food Services - 9.00%

Others - 48.00%

Commute Time

120mins

63kms

Common Transport Methods
car78%
walk4%
bike1%
Income Growth

Average Income

5 Suburbs in City of Warrnambool

Ordered by Best Projected Short Term Growth (Green = Buying window)

Trend Indicators:

Price/yield increasing compared to previous period
Price/yield decreasing compared to previous period
Suburb Name
Asking Price
Yield
Allansford
$520.0k
4.73%
Dennington
$795.0k
5.48%
Warrnambool
$630.0k
4.65%
Bushfield
$760.0k
3.02%
Woodford (Vic.)
$799.0k
4.17%

City of Warrnambool Property Investment FAQs

Is City of Warrnambool a good area for property investment in 2026?

City of Warrnambool ranks in the top 28% of all Australian Local Government Areas for property investment potential. City of Warrnambool shows moderate investment potential with balanced risk-reward characteristics. The area offers opportunities for investors seeking stable returns, though individual suburb analysis is recommended to identify the best pockets within the council area.

What is the median house price in City of Warrnambool?

The current median house price across City of Warrnambool is approximately $661K. This median price reflects sales data from properties across all 5 suburbs within the Local Government Area. This price range positions City of Warrnambool as a mid-market investment destination, balancing capital growth potential with reasonable entry costs for property investors.

What are the best suburbs to invest in City of Warrnambool?

City of Warrnambool contains 5 suburbs, each with unique investment characteristics and suburb scores. The best suburbs for investment within City of Warrnambool depend on your investment strategy - whether you're seeking capital growth, rental yield, or a balanced approach. Use our suburb analysis tools to compare all 5 suburbs in City of Warrnambool ranked by our proprietary suburb score, which factors in price growth trends, rental yields, vacancy rates, and demographic indicators.

What is the capital growth outlook for City of Warrnambool?

City of Warrnambool's capital growth outlook is moderate based on current market indicators. City of Warrnambool shows stable growth fundamentals with some suburbs outperforming others. Investors should focus on suburbs with above-average suburb scores for the best capital growth potential within this LGA.

What is the population of City of Warrnambool?

City of Warrnambool has a population of approximately 35,406 residents across its 5 suburbs. Population growth is a key indicator for property investment as it drives housing demand. Monitor population trends in City of Warrnambool as part of your investment research to understand future housing demand.

How many suburbs are in City of Warrnambool council area?

City of Warrnambool Local Government Area contains 5 suburbs. Each suburb has its own property market dynamics, median prices, and investment potential. When investing in City of Warrnambool, it's important to analyse individual suburbs rather than relying solely on LGA-level data. Our platform provides detailed suburb scores and analytics for all 5 suburbs to help you identify the best investment opportunities within City of Warrnambool.

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