Warranwood

Warranwood is positioned among the lower quartile of areas assessed nationally for population growth based on AreaSearch's assessment of recent, and medium term trends

As of Feb 2026, the estimated population of Warranwood is around 4,949, reflecting a growth of 129 people since the 2021 Census which reported a population of 4,820. This increase was inferred from AreaSearch's estimate of 4,933 residents following examination of ABS ERP data in June 2024 and an additional 33 validated new addresses since the Census date. This results in a population density ratio of 1,649 persons per square kilometer, higher than the average seen across national locations assessed by AreaSearch. Warranwood's growth rate of 2.7% since the census is within 2.2 percentage points of the SA4 region (4.9%), indicating competitive growth fundamentals. Overseas migration contributed approximately 65.0% of overall population gains during recent periods in the suburb. AreaSearch uses ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022.

For areas not covered by this data, AreaSearch utilises VIC State Government's Regional/LGA projections from 2023, adjusted using weighted aggregation methods to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. Based on aggregated SA2-level projections, Warranwood is expected to grow by approximately 261 persons to 2041, reflecting an increase of around 4.1% in total over the 17-year period.

AreaSearch assessment of residential development drivers sees a low level of activity in Warranwood, placing the area among the bottom 25% of areas assessed nationally

Warranwood recorded approximately 14 residential properties approved annually over the past five financial years ending June 2021. This totals an estimated 74 homes. By June 2026, six approvals have been recorded so far. The area's population has declined in recent years, yet housing supply has remained adequate relative to demand, creating a balanced market with good buyer choice.

New properties are constructed at an average expected cost of $556,000, indicating a focus on the premium segment. In the current financial year ending June 2026, there have been $789,000 in commercial approvals, suggesting minimal commercial development activity. Compared to Greater Melbourne, Warranwood records approximately 68% of the building activity per person as of recent AreaSearch analysis. Nationally, it places among the 35th percentile of areas assessed, indicating somewhat limited buyer options while strengthening demand for established properties. This activity is also below the national average, suggesting the area's established nature and potential planning limitations.

New development in Warranwood consists of 75.0% detached dwellings and 25.0% townhouses or apartments, preserving its suburban character with an emphasis on detached housing attracting space-seeking buyers. This represents a shift from the area's existing housing composition, which is currently 98.0% houses. This change may indicate decreasing availability of developable sites and reflect changing lifestyles and demand for more diverse, affordable housing options. With around 466 people per dwelling approval, Warranwood shows a developed market. According to AreaSearch's latest quarterly estimate, the area is expected to grow by approximately 203 residents through to 2041. With current construction levels, housing supply should adequately meet demand, creating favourable conditions for buyers while potentially enabling growth that exceeds current forecasts.

Warranwood has strong levels of nearby infrastructure activity, ranking in the top 30% nationally

Changes to local infrastructure significantly impact an area's performance. AreaSearch has identified two projects that could affect this region: Maroondah Planning Scheme, Revitalisation works at Jumping Creek, Warranwood, Ringwood North Liveable Neighbourhoods Project, and 170-172 Warrandyte Road Retail Development. The following list details those most relevant.

Professional plan users can use the search below to filter and access additional projects.

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Employment conditions in Warranwood rank among the top 10% of areas assessed nationally

Warranwood has an educated workforce with prominent representation in essential services sectors. Its unemployment rate is 2.0%, with estimated employment growth of 0.8% over the past year (AreaSearch data). As of September 2025, 2,885 residents are employed, with an unemployment rate of 2.6%, below Greater Melbourne's rate of 4.7%.

Workforce participation is similar to Greater Melbourne's 71.0%. Census responses indicate that 38.7% of residents work from home, possibly influenced by Covid-19 lockdowns. Major employment industries include health care & social assistance, education & training, and construction. Education & training has a particularly high share of employment at 1.4 times the regional level.

Conversely, transport, postal & warehousing has limited presence with only 2.9% compared to the regional average of 5.2%. The predominantly residential area may offer limited local employment opportunities, as suggested by Census data comparing working population and resident population numbers. In the 12-month period ending in September 2025, employment increased by 0.8% while labour force grew by 0.3%, reducing the unemployment rate by 0.4 percentage points (AreaSearch analysis). In contrast, Greater Melbourne saw employment grow by 3.0%, labour force expand by 3.3%, and unemployment rise by 0.3 percentage points during the same period. Jobs and Skills Australia's national employment forecasts from May-25 project overall employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Warranwood's current employment mix suggests local employment should increase by approximately 6.5% over five years and 13.4% over ten years, though this is a simplified extrapolation for illustrative purposes only and does not account for localized population projections.

Income metrics indicate excellent economic conditions, with the area achieving higher performance than 75% of national locations assessed by AreaSearch

In financial year 2023, Warranwood had a median taxpayer income of $57,444 and an average income of $72,687, both above the national averages. In Greater Melbourne, these figures were $57,688 and $75,164 respectively. By September 2025, adjusted for Wage Price Index growth of 8.25%, estimated median and average incomes in Warranwood would be approximately $62,183 and $78,684. According to Census 2021 data, Warranwood's household income ranks at the 95th percentile, with weekly earnings of $2,852. The suburb has 30.1% of residents earning over $4,000 per week, contrasting with Greater Melbourne where the $1,500 - 2,999 bracket is predominant. Warranwood's affluence is evident with 47.5% earning over $3,000 weekly, enabling premium retail and services. After housing costs, residents retain 89.4% of income, indicating strong purchasing power. The area's SEIFA income ranking places it in the 9th decile.

Warranwood is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership

Warranwood's dwelling structure, as per the latest Census, consisted of 98.4% houses and 1.6% other dwellings. In comparison, Melbourne metro had 67.9% houses and 32.1% other dwellings. Home ownership in Warranwood was at 38.2%, with mortgaged dwellings at 52.6% and rented ones at 9.3%. The median monthly mortgage repayment in the area was $2,167, higher than Melbourne metro's average of $2,000. The median weekly rent figure in Warranwood was $423, compared to Melbourne metro's $390. Nationally, Warranwood's mortgage repayments were significantly higher than the Australian average of $1,863, while rents were substantially above the national figure of $375.

Warranwood features high concentrations of family households, with a higher-than-average median household size

Family households constitute 87.9% of all households, including 52.7% couples with children, 24.8% couples without children, and 9.7% single parent families. Non-family households comprise the remaining 12.1%, with lone person households at 10.8% and group households comprising 0.8%. The median household size is 3.1 people, larger than the Greater Melbourne average of 2.6.

Educational achievement in Warranwood places it within the top 10% nationally, reflecting strong academic performance and high qualification levels across the community

Warranwood residents aged 15+ with university qualifications (34.3%) exceed the Australian average (30.4%). Bachelor degrees are most common at 22.7%, followed by postgraduate qualifications (7.2%) and graduate diplomas (4.4%). Vocational credentials are held by 31.6% of residents aged 15+, with advanced diplomas at 12.3% and certificates at 19.3%.

Educational participation is high, with 32.6% currently enrolled in formal education. This includes secondary education (11.0%), primary education (10.2%), and tertiary education (6.3%).

Transport servicing is moderate compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Warranwood has 24 active public transport stops, all of which are bus stops. These stops are served by two routes that together provide 509 weekly passenger trips. The area's transport accessibility is rated as good, with residents located an average of 310 meters from the nearest stop. Most residents commute outward due to Warranwood being primarily residential. Cars remain the dominant mode of transport at 94%. Vehicle ownership averages 2.1 per dwelling, which is above the regional average.

According to the 2021 Census, 38.7% of residents work from home, a figure that may reflect COVID-19 conditions. Service frequency averages 72 trips per day across all routes, equating to approximately 21 weekly trips per individual stop.

Warranwood's residents boast exceedingly positive health performance metrics with very low prevalence of common health conditions across all age groups

Warranwood shows excellent health outcomes based on AreaSearch's assessment.

Mortality rates and chronic condition prevalence were very low across all age groups. Private health cover was found to be high at approximately 56% of the total population (around 2,748 people). The most common conditions were asthma and mental health issues, affecting 8.2 and 7.5% respectively. 72.5% of residents reported no medical ailments, similar to Greater Melbourne's 72.6%. Under-65s had better than average health outcomes. Warranwood has 16.7% of residents aged 65 and over (826 people), higher than Greater Melbourne's 15.1%. Seniors' health outcomes were strong, aligning with national rankings.

In terms of cultural diversity, Warranwood records figures broadly comparable to the national average, as found in AreaSearch's assessment of a number of language and cultural background related metrics

Warranwood's cultural diversity aligns with its wider region, with 82.0% born in Australia, 93.2% being citizens, and 89.4% speaking English only at home. Christianity is the dominant religion, comprising 52.0%. Judaism, however, is overrepresented at 0.1%, compared to Greater Melbourne's 1.0%.

Top ancestry groups are English (27.0%), Australian (26.1%), and Scottish (8.2%). Dutch (3.0%) and Sri Lankan (0.6%) are notably overrepresented, while Macedonian is slightly underrepresented at 0.6% compared to the region's 0.7%.

Warranwood's median age exceeds the national pattern

Warranwood's median age is 41 years, which is significantly higher than Greater Melbourne's average of 37 and slightly above Australia's median of 38. Compared to Greater Melbourne, Warranwood has a notably higher proportion of the 55-64 cohort (15.3%) and a lower proportion of 25-34 year-olds (6.5%). According to the 2021 Census, the 65-74 age group increased from 8.5% to 10.3%, while the 75-84 cohort rose from 3.7% to 5.2%. Conversely, the 45-54 cohort declined from 17.1% to 15.4%, and the 25-34 group dropped from 8.0% to 6.5%. Demographic modeling indicates that Warranwood's age profile will change significantly by 2041. The 75-84 cohort is projected to grow by 46%, adding 119 residents to reach 377. Residents aged 65 and older are expected to represent 66% of the population growth, while declines are projected for the 55-64 and 0-4 age cohorts.