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Sales Activity
Curious about local property values? Filter the chart to assess the volume and appreciation (including resales) trends and regional comparisons, or scroll to the map below view this information at an individual property level.
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Sales Detail
Population
Warrnambool - North lies within the top quartile of areas nationally for population growth performance according to AreaSearch analysis of recent, and medium to long-term trends
Warrnambool - North's population was approximately 24,027 as of November 2025. This figure reflects an increase of 1,622 people since the 2021 Census, which recorded a population of 22,405. The change is inferred from the estimated resident population of 22,967 in June 2024 and an additional 730 validated new addresses since the Census date. This results in a population density ratio of 384 persons per square kilometer. Warrnambool - North's growth of 7.2% since the 2021 census exceeded both the SA4 region (3.4%) and the SA3 area, indicating it as a growth leader in the region. Overseas migration contributed approximately 76.5% of overall population gains during recent periods.
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 the VIC State Government's Regional/LGA projections released in 2023, with adjustments made 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 projections, the area is expected to grow by 7,554 persons to 2041, recording a gain of 26.8% in total over the 17-year period.
Frequently Asked Questions - Population
Development
AreaSearch assessment of residential development activity positions Warrnambool - North among the top 25% of areas assessed nationwide
Warrnambool North has seen approximately 185 new homes approved annually. Between FY21 and FY25929 homes were approved, with an additional 74 approved in FY26 so far. On average, over these five years, 0.8 new residents arrived per new home built.
This indicates that new supply is meeting or exceeding demand, providing ample buyer choice and capacity for population growth beyond current forecasts. The average construction value of new homes was $261,000. In FY26, commercial approvals totaling $21.2 million have been registered, indicating moderate levels of commercial development.
Compared to the rest of Victoria, Warrnambool North has slightly more development activity, with 29.0% above the regional average per person over the five-year period. This preserves reasonable buyer options while sustaining existing property demand. Recent construction in Warrnambool North comprises 88.0% detached dwellings and 12.0% townhouses or apartments, preserving the area's low-density nature with an emphasis on detached housing attracting space-seeking buyers. With around 139 people per dwelling approval, Warrnambool North exhibits characteristics of a growth area. Population forecasts indicate that Warrnambool North will gain approximately 6,443 residents by 2041. Construction is maintaining a reasonable pace with projected growth; however, as the population increases, buyers may encounter growing competition for available properties.
Frequently Asked Questions - Development
Infrastructure
Warrnambool - North has limited levels of nearby infrastructure activity, ranking in the 19thth percentile nationally
Changes in local infrastructure significantly affect an area's performance. AreaSearch has identified 17 projects that could impact this region. Notable projects include Wollaston Way Estate, AquaZone Redevelopment, Fairy Street Mixed-Use Development, and Riverland Estate. The following list details the most relevant ones.
Professional plan users can use the search below to filter and access additional projects.
INFRASTRUCTURE SEARCH
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Frequently Asked Questions - Infrastructure
AquaZone Redevelopment
Major staged redevelopment of Warrnambool's AquaZone aquatic and leisure centre. Stage 1 includes a new warm water program pool, spa, sauna, steam room, expanded gym, group fitness rooms and cafe. Stage 2 includes covering part of the outdoor 50m pool, new changerooms, spectator seating and accessibility upgrades. The project will significantly increase capacity for community health, learn-to-swim, rehabilitation, sporting clubs and competitive swimming events.
Fairy Street Mixed-Use Development
A large mixed-use development featuring a nine-storey mixed-use scheme with 56 hotel rooms, 84 serviced apartments, over 6,500 sqm of office floor space, and 905 sqm of retail floor space. The project spans 4,481 sqm and offers 18,083 square meters of Net Sellable Area with approved permits.
Former Saleyards Site Precinct Plan
Master plan for the former saleyards site featuring predominantly residential development, a small convenience centre (4,000-5,000 sqm) on the corner of Coghlans and Caramut roads, commercial uses along Caramut Road frontage, and potential recreation facility expansion for the adjacent stadium. The site requires environmental audit and some remediation works. Council allocated $500,000 in June 2025 for structural planning to prepare for rezoning, with an additional $3 million signalled for 2026-27.
Warrnambool Surf Life Saving Club Redevelopment
Major redevelopment of the 90-year-old surf life saving club to create a modern, purpose-built facility. The project involves demolishing the current 1950s building and constructing a new clubhouse with gender-neutral change rooms, accessible parking spaces, improved beach access, enhanced emergency service response capabilities, and expanded capacity for the club's 815 members including 200 patrol volunteers and 300 nippers. The redevelopment aims to meet modern emergency service guidelines, disability discrimination legislation, and universal design principles while improving community connection to Lady Bay foreshore.
Warrnambool Line Upgrade
A completed upgrade of the Warrnambool rail line that introduced modern VLocity trains for the first time and established a fifth weekday return service between Warrnambool and Melbourne. The project upgraded over 60 level crossings with boom gates and improved safety features, installed new signalling systems, and created a new crossing loop at Boorcan. VLocity trains now operate all services on the line as of March 2025, providing enhanced safety, efficiency, and passenger comfort with reduced journey times of up to 11 minutes between key stations.
Gateway Business Park
Gateway Business Park is a 65-hectare industrial zoned business park in east Warrnambool, serving as the city's second general industry hub. It offers land for commercial and industrial development, including modern business facilities, warehousing, and office spaces, designed to support economic growth with advanced telecommunications infrastructure, sustainable design, and strategic location for logistics and distribution.
Wangoom Road Water Tower
New elevated water storage tower and associated feeder main to improve water security, pressure and service reliability for Warrnambool's north-east growth corridor. Works include a high-level tank and multi-kilometre feeder main connecting into the existing distribution network.
Wollaston Way Estate
Wollaston Way Estate is a residential development in North Warrnambool, offering vacant land lots in a peaceful, family-friendly community. The estate features modern housing options, integrated landscape design, and proximity to schools, shops, and recreational areas along the Merri River. It benefits from the ongoing Wollaston Road upgrade, including new roundabouts, bike lanes, footpaths, and landscaped medians, improving connectivity to the CBD and surrounding amenities. Across 14 stages, 258 families have settled, with Stage 15 coming soon and registrations of interest now open.
Employment
Warrnambool - North ranks among the top 25% of areas assessed nationally for overall employment performance
Warrnambool - North has an unemployment rate of 1.5% as of June 2025. It has a skilled workforce with essential services sectors well represented.
There are 11,898 residents employed, with an unemployment rate 2.3% lower than the Rest of Vic.'s rate of 3.8%. Workforce participation is at 62.4%, compared to Rest of Vic.'s 57.4%. Key industries include health care & social assistance, retail trade, and construction. Retail trade has a particularly high employment share of 1.3 times the regional level, while agriculture, forestry & fishing is under-represented at 2.9% compared to Rest of Vic.'s 7.5%.
Over the year to June 2025, labour force levels decreased by 1.9%, and employment declined by 1.5%, leading to a fall in unemployment rate by 0.4 percentage points. In contrast, Rest of Vic. saw an employment decline of 0.9% and a rise in unemployment by 0.4 percentage points. Jobs and Skills Australia's national employment forecasts from May 2025 project overall growth of 6.6% over five years and 13.7% over ten years, but local growth rates may vary significantly between industry sectors. Applying these projections to Warrnambool - North's employment mix suggests potential local growth of approximately 6.4% over five years and 13.5% over ten years.
Frequently Asked Questions - Employment
Income
Income levels sit below national averages according to AreaSearch assessment
AreaSearch's latest postcode level ATO data for financial year 2022 shows that median income in Warrnambool - North is $50,024 and average income is $60,727. This is lower than the national average. In comparison, Rest of Vic.'s median income is $48,741 and average income is $60,693. By September 2025, estimated incomes in Warrnambool - North would be approximately $56,107 (median) and $68,111 (average), based on Wage Price Index growth of 12.16% since financial year 2022. Census data indicates that household, family, and personal incomes in Warrnambool - North rank modestly, between the 33rd and 40th percentiles. In this area, 32.2% of individuals (7,736 people) fall within the $1,500-$2,999 income range, similar to metropolitan regions where 30.3% occupy this range. After housing costs, 86.3% of income remains for other expenses. The area's SEIFA income ranking places it in the 4th decile.
Frequently Asked Questions - Income
Housing
Warrnambool - North is characterized by a predominantly suburban housing profile, with a higher proportion of rental properties than the broader region
In Warrnambool - North, as recorded in the latest Census, 88.5% of dwellings were houses, with the remaining 11.5% comprising semi-detached homes, apartments, and other types. This is similar to Non-Metro Vic.'s dwelling structure, which was 87.6% houses and 12.3% other dwellings. Regarding home ownership in Warrnambool - North, it stood at 37.8%, with mortgaged dwellings at 34.8% and rented ones at 27.4%. The median monthly mortgage repayment in the area was $1,451, higher than Non-Metro Vic.'s average of $1,430. The median weekly rent figure in Warrnambool - North was $300, compared to Non-Metro Vic.'s $283. Nationally, mortgage repayments were significantly lower at $1,863 and rents were substantially below the national figure of $375.
Frequently Asked Questions - Housing
Household Composition
Warrnambool - North has a typical household mix, with a fairly typical median household size
Family households constitute 69.4% of all households, including 28.1% couples with children, 27.7% couples without children, and 12.5% single parent families. Non-family households account for the remaining 30.6%, with lone person households at 27.8% and group households comprising 2.8%. The median household size is 2.4 people, which aligns with the Rest of Vic average.
Frequently Asked Questions - Households
Local Schools & Education
Educational attainment in Warrnambool - North aligns closely with national averages, showing typical qualification patterns and performance metrics
The area's university qualification rate in 2019 was 20.7%, significantly lower than Victoria's average of 33.4%. Bachelor degrees were the most common at 14.3%, followed by postgraduate qualifications (3.3%) and graduate diplomas (3.1%). Vocational credentials were prevalent, with 37.6% of residents aged 15+ holding them - advanced diplomas at 10.4% and certificates at 27.2%. Educational participation was high, with 29.0% of residents currently enrolled in formal education: 10.3% in primary, 8.9% in secondary, and 2.8% in tertiary education.
Twelve schools served 5,528 students, with typical Australian school conditions (ICSEA: 1001) offering balanced educational opportunities. The area functioned as an education hub with 23.1 school places per 100 residents, attracting students from surrounding communities.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is low compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
Warrnambool - North has 99 active public transport stops, all of which are bus stops. These stops are served by 14 different routes, offering a total of 1,608 weekly passenger trips. The area's transport accessibility is rated as moderate, with residents located an average of 413 meters from the nearest stop.
On average, there are 229 trips per day across all routes, which equates to approximately 16 weekly trips per stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Health performance in Warrnambool - North is lower than average with common health conditions somewhat prevalent across both younger and older age cohorts
Warrnambool - North faces significant health challenges with common health conditions prevalent across both younger and older age cohorts. Approximately 50% (~12,013 people) have private health cover, lower than the national average of 55.3%.
Mental health issues impact 9.2%, while asthma affects 9.0% of residents. About 65.5% report being completely clear of medical ailments, similar to the Rest of Vic's 65.9%. The area has 19.7% (4,728 people) aged 65 and over, lower than the Rest of Vic's 21.5%, indicating better health metrics compared to the general population.
Frequently Asked Questions - Health
Cultural Diversity
Warrnambool - North is considerably less culturally diverse than average when assessed alongside AreaSearch's national rankings for language and cultural background related metrics
Warrnambool-North had a cultural diversity score below average, with 90.4% of its residents being Australian citizens, 90.7% born in Australia, and 94.8% speaking English only at home. Christianity was the predominant religion in Warrnambool-North, accounting for 52.7% of the population, slightly higher than the 52.0% regional average. The top three ancestry groups were English (31.1%), Australian (30.2%), and Irish (13.9%).
Notable differences included an overrepresentation of Scottish residents at 9.3%, compared to 9.6% regionally, Dutch residents at 1.4% versus 1.5%, and Maori residents at 0.4% versus 0.3%.
Frequently Asked Questions - Diversity
Age
Warrnambool - North's population is slightly older than the national pattern
The median age in Warrnambool - North is 40 years, which is slightly below Rest of Vic.'s average of 43 but above Australia's median age of 38. The 25-34 age group makes up 13.5% of the population in Warrnambool - North, compared to the Rest of Vic. average, indicating over-representation. Conversely, the 65-74 age group is under-represented at 10.5%. Between the 2021 Census and present, the 15 to 24 age group has increased from 11.6% to 12.4%, while the 5 to 14 age group has decreased from 13.3% to 12.0%. By 2041, population forecasts suggest significant demographic changes in Warrnambool - North. The 25-34 age cohort is projected to grow by 1,482 people, from 3,238 to 4,721, a 46% increase. Meanwhile, the 15-24 age group is projected to decline by 20 people.