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

The population of the Warranwood statistical area (Lv2) was estimated to be around 4,949 as of November 2025. This figure represents an increase of 129 people since the 2021 Census, which reported a population of 4,820. The change is inferred from AreaSearch's resident population estimate of 4,933 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, which exceeds the average seen across national locations assessed by AreaSearch. The Warranwood (SA2) experienced a growth rate of 2.7% since the census, placing it within 2.2 percentage points of the SA4 region's growth rate of 4.9%. Overseas migration contributed approximately 65.0% of overall population gains during recent periods in this area.

AreaSearch adopts ABS/Geoscience Australia projections for each SA2 area, released in June 2024 with a base year of 2022. For areas not covered by this data, AreaSearch utilises the VIC State Government's Regional/LGA projections released in 2023, adjusted using a method of weighted aggregation of population growth from LGA to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. Based on these aggregated SA2-level projections, the Warranwood (SA2) is expected to grow by approximately 256 persons by the year 2041, reflecting an increase of 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 has received approximately 14 residential property approvals per year over the past five financial years ending FY26, totalling around 74 homes. As of FY26, six approvals have been recorded. Despite a declining population in recent years, housing supply has remained adequate relative to demand, resulting in a balanced market with good buyer choice. The average construction value for new properties is $556,000, indicating a focus on the premium segment.

In commercial development, around $789,000 worth of approvals have been recorded this financial year, suggesting minimal activity in this sector. Compared to Greater Melbourne, Warranwood records approximately 68% of building activity per person and ranks among the 35th percentile nationally, implying somewhat limited buyer options while strengthening demand for established properties. This activity is also below the national average, indicating the area's established nature and suggesting potential planning limitations. New development consists of 75.0% detached dwellings and 25.0% townhouses or apartments, preserving Warranwood's suburban character with an emphasis on detached housing that appeals to space-seeking buyers. This represents a notable shift from the current housing stock, which is predominantly houses (98.0%), reflecting decreasing availability of developable sites and changing lifestyles.

Warranwood has a developed market, as indicated by around 466 people per dwelling approval. Looking ahead, AreaSearch estimates that Warranwood will grow by approximately 201 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 identified two projects likely affecting the region: Maroondah Planning Scheme, Revitalisation works at Jumping Creek, Warranwood (commenced 2018), Ringwood North Liveable Neighbourhoods Project (scheduled completion 2023), and 170-172 Warrandyte Road Retail Development (approved 2020).

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 significant representation in essential services sectors. Its unemployment rate is 2.0%, lower than Greater Melbourne's 4.7%.

Employment growth over the past year was estimated at 0.8%. As of September 2025, 2,883 residents are employed, with a participation rate of 71.9% compared to Greater Melbourne's 64.1%, and an unemployment rate of 2.6%. Leading industries include health care & social assistance, education & training, and construction. The area specializes in education & training, with an employment share 1.4 times the regional level, but has limited presence in transport, postal & warehousing (2.9% vs regional 5.2%).

Employment opportunities appear limited locally based on Census data. Over a 12-month period ending September 2025, employment increased by 0.8%, labour force by 0.3%, reducing unemployment by 0.5 percentage points. In contrast, Greater Melbourne saw employment grow by 3.0% and unemployment rise by 0.3%. State-level data to 25-Nov-25 shows Victoria's employment grew by 1.13% year-on-year, with an unemployment rate of 4.7%, outpacing the national average growth of 0.14%. National employment forecasts from May-25 project a 6.6% increase over five years and 13.7% over ten years. Applying these projections to Warranwood's industry mix suggests local employment should grow by 6.5% over five years and 13.4% over ten years, assuming constant population projections.

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

According to AreaSearch's aggregation of the latest postcode level ATO data released for financial year ended June 2023, Warranwood suburb had a median income among taxpayers of $57,444 and an average income of $72,687. These figures are above the national averages of $57,688 and $75,164 respectively for Greater Melbourne. Based on Wage Price Index growth of 8.25% from financial year ended June 2023 to September 2025, estimated median income is approximately $62,183 and average income is around $78,684 as of September 2025. According to Census 2021 data, Warranwood's household incomes rank at the 95th percentile with weekly earnings of $2,852. The suburb has a significant proportion of residents (30.1%, or 1,489 people) earning over $4,000 per week, differing from Greater Melbourne where the $1,500 - $2,999 category is predominant at 32.8%. Warranwood's affluence is evident with 47.5% of residents earning over $3,000 weekly, supporting premium retail and service offerings. After housing costs, residents retain 89.4% of their income, reflecting 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 (semi-detached, apartments, 'other' dwellings). In comparison, Melbourne metro had 87.2% houses and 12.8% other dwellings. Home ownership in Warranwood stood at 38.2%, with mortgaged dwellings at 52.6% and rented ones at 9.3%. The median monthly mortgage repayment was $2,167, higher than Melbourne metro's $2,000. The median weekly rent was $423, compared to Melbourne metro's $385. Nationally, Warranwood's mortgage repayments were significantly higher at $2,167 versus the Australian average of $1,863, and 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 account for 12.1%, comprising 10.8% lone person households and 0.8% group households. 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's residents aged 15+ have a university qualification rate of 34.3%, slightly higher than the Australian average of 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 11.0% in secondary education, 10.2% in primary education, and 6.3% pursuing tertiary education.

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

Transport analysis indicates 24 active stops operating within Warranwood, offering mixed bus services. These stops are served by two routes, collectively facilitating 509 weekly passenger trips. Transport accessibility is rated good, with residents typically situated 310 meters from the nearest stop.

Service frequency averages 72 trips daily across all routes, equating to approximately 21 weekly trips per individual stop.

Warranwood's residents are extremely healthy with very low prevalence of common health conditions across all age groups

Analysis shows Warranwood had strong health metrics with low prevalence of common conditions across all ages.

Private health cover was high at about 56%, covering approximately 2,748 people. Common medical conditions were asthma (8.2%) and mental health issues (7.5%). 72.5% declared no medical ailments, higher than Greater Melbourne's 68.7%. Warranwood had 15.9% seniors (786 people), lower than Greater Melbourne's 19.0%. Seniors' health outcomes were strong and similar to the general population's profile.

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 the broader area, as 82.0% of its residents were born in Australia, 93.2% are citizens, and 89.4% speak English exclusively at home. Christianity is the predominant religion, practiced by 52.0%. While Judaism comprises a similar proportion nationally (0.1%), it is slightly higher than Greater Melbourne's average.

The top three ancestral groups in Warranwood are English (27.0%), Australian (26.1%), and Scottish (8.2%). Notably, Dutch ancestry is overrepresented at 3.0%, compared to the regional average of 2.1%. Macedonian (0.6%) and Sri Lankan (0.6%) ancestries also exceed their respective regional averages by 0.4% each.

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 years and slightly older than Australia's median of 38 years. Compared to Greater Melbourne, Warranwood has a notably higher percentage of residents aged 55-64 (15.4%) and a lower percentage of residents aged 25-34 (6.7%). According to the 2021 Census, the population aged 65-74 increased from 8.5% to 9.8%, while those aged 75-84 rose from 3.7% to 4.8%. Conversely, the percentage of residents aged 45-54 decreased from 17.1% to 15.4%, and those aged 25-34 dropped from 8.0% to 6.7%. By 2041, demographic modeling suggests significant changes in Warranwood's age profile. The 75-84 cohort is projected to grow by 56%, adding 133 residents to reach 371. Residents aged 65 and older will represent 69% of the anticipated population growth. However, declines are projected for the 55-64 and 0-4 age cohorts.