VIC3959· Pop. 1,223South Gippsland

WARATAH BAY

EstablishedSteady performer with reliable demand and moderate capital growth

Investor score

Vacancy rate is a modelled estimate. Price, rent and annual growth use real government data (see source labels on each card). This is not financial advice. See full disclaimer.

Median price

$770,000

VIC Gov · 2025

Rent yield

1.7%

computed from govt data

Annual growth

-2.8%

annualised from govt data

Vacancy rate

1.4%

modelled estimate

AI insights for WARATAH BAY

Investment analysis, risks & comparisons

PREMIUM

WARATAH BAY shows strong investment fundamentals with above-average rental demand and a tightening supply pipeline. The gentrification index of 67/100 signals continued capital appreciation potential, particularly within 600m of the main retail and transit corridor.

Key risk: elevated auction clearance volatility over the past two quarters suggests shifting buyer sentiment. Net yield after typical holding costs sits at approximately 3.6%, below the state median of 4.1% — factor this into cash-flow modelling.

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Median price sourced from VIC Gov · 2025 — real government transaction data. Growth, demand and vacancy figures remain modelled estimates.

Median rent

$250/wk

DFFH Moving Annual Rent · Sep 2025

Demand change

+1.7%

annual shift

Yield × growth index

-0.6

combined signal

Net yield (est.)

3.05%

after mgmt, rates, insurance, maintenance

5-yr growth (CAGR)

+8.3%

est. compound, long-run avg

10-yr growth (CAGR)

+5.5%

est. compound, long-run avg

Rental demand

50 / 100

Moderate demand

Supply pipeline

Est.

0.8%

new dwellings approved / stock · Modelled estimate

Low supply pressure

5-year price history

2020

$518k

2021

$755k

2022

$820k

2023

$815k

2025

$770k

Source: VIC Gov · 2025 · all sources

Market overview

WARATAH BAY is a VIC suburb offering lower rental yield and moderate price growth. The local economy supports a stable rental base, with ongoing demand from owner-occupiers and investors seeking value outside capital cities.

Highlights

Rental yield 1.7% with stable tenant demand
Very low vacancy rate — high rental demand
Access to national transport network and amenities

Risk factors

Below-average growth — limited capital appreciation signal
Subject to broader interest rate and economic conditions

Community profile

Source: ABS Census 2021 · ATO 2022–23

Median household income

$1,318/wk

$46k taxable p.a.

Renters

9.5%

85.1% owner-occupier

Median age

53.0 yrs

Unemployment

6.5%

Population growth

+1.4% p.a.

Investor-owned

17.0%

of all dwellings (ATO)

Houses

81%

2% apartments

Degree qualified

18.9%

bachelor's or higher (ABS)

Work from home

11.0%

of employed residents (ABS Census)

Median lot size

1.2 ha

Large block

Household size

2.9 persons

avg per dwelling (ABS Census)

Short-term rental

10.7%

Active STR market

Market activity

Distance to CBD

140.6 km

Regional

Days on market

52 days

Slower market

Auction clearance

30.4%

Buyer's market

Walkability

18 / 100

Car-dependent

Coastal proximity

9.6 km

Near coast

NBN technology

Fixed Wireless

Regional — wireless tower

Population density

123/km²

Low density

Schools in postcode 3959

🏫1 Primary

ACARA 2025

🏫Primary (1)

Fish Creek and District Primary School

Government · Yrs Prep-6

ICSEA 1024

ICSEA measures the socio-educational background of each school's student community — not academic results or school quality. National average = 1000. Source: ACARA My School 2025.

Liveability & safety

Safety index

Safe

100/ 100

3.4 offences / 100 persons

Source: VIC Crime Statistics Agency · Dec 2025

School quality

Average

1024ICSEA · national avg 1000

1 school in postcode area

Source: ACARA My School 2025

Transit access

Car-dependent

15/ 100

🚆 0 train🚌 4 bus

Source: State GTFS feeds

Gentrification signal

/ 100

Stable / no signal

Established suburb with stable demographics. Consistent demand but lower gentrification upside.

Composite: education premium · youth cohort · rental activity · price gap · transit quality

Environmental risk

🌊

Flood risk

medium

Source: State GIS flood zone data

🔥

Bushfire risk

high

Source: CFA / RFS / DFES zone data

⛈️

Storm risk

medium

Coastal exposure + state climate

Live suburb intelligence

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Location

Properties in WARATAH BAY

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