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Weerite, VIC 3260
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$510,000
Median Unit
$385,000
list-price estimate
Gross Yield
-
1yr Growth
-
Investment snapshot for Weerite
Weerite has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Weerite market and investor summary
Weerite (VIC 3260) runs a median house price of $510K. At 0.4% vacancy, it is a tight rental market that favours landlords.
Houses also take time to sell, around 63 days on market, so plan for a slower exit if you ever need one.
Living in Weerite: people, income and schools
Weerite is home to around 121 people, a count that has slipped about 3% over five years. The median age is 47, skewed a little older, and 70% of homes are owner-occupied.
Households here earn a median of about $111,000 a year, or roughly $2,130 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). At current prices a median house runs to roughly 4.6 times local household income, leaving more headroom than most capital-city markets. Incomes have risen about 26% over five years, which tends to underpin what local buyers can pay.
Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 121
- -3% over 5yr
- Median age
- 47 years
- Median household income
- $111,000/yr
- Households renting
- 26%
- Family households
- 75%
- Socio-economic rank
- 4/10
- ABS advantage index
- Unemployment
- 1.5%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Weerite
No properties currently listed in Weerite
Search Weerite listings →Frequently asked questions about Weerite
What should I check before investing in Weerite?
Weerite has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (0.4% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Weerite?
The median property price in Weerite, VIC 3260 is $510K for houses.
How tight is the rental market in Weerite?
The current vacancy rate in Weerite is 0.4%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Weerite?
Weerite has a population of approximately 121 residents, with a median age of 47.
Is Weerite affordable to buy in?
A median house in Weerite costs about 4.6 times the median local household income (more affordable than most capital-city markets). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Weerite's population growing?
The population of Weerite has fallen about 3% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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