All About Wandana Heights, Greater Geelong, VIC, 3216

Wandana Heights, located in Greater Geelong, VIC, has become quite an appealing suburban area for home buyers and real estate investors alike. The housing market in Wandana Heights is characterized by a blend of modern and established homes, offering a range of properties from spacious family residences to more contemporary townhouses. As of recent years, the area has experienced a gradual increase in property prices, reflecting its growing popularity and the broader trends seen in the Geelong area. This suburb is particularly attractive to families and professionals due to its proximity to Geelong city and its serene, elevated setting that provides sweeping views of the surrounding landscapes, including the You Yangs and glimpses of the bay. The demand for housing in Wandana Heights is often fueled by its well-regarded schools, parks, and community facilities, making it a desirable location for those seeking a balanced lifestyle.

Living in Wandana Heights offers residents a peaceful suburban lifestyle while still maintaining accessibility to essential amenities and urban conveniences. The suburb is known for its spacious streets, lush greenery, and a strong sense of community, providing a tranquil environment for its inhabitants. With several parks and recreational areas, such as Drewan Park and Wandana Reserve, residents have ample opportunities for outdoor activities and leisure. The suburb's elevation not only provides stunning views but also ensures a pleasant atmosphere with cooler breezes compared to lower-lying areas. Furthermore, its connectivity to Geelong, through a well-developed transportation network, offers residents easy access to shopping centres, dining options, and cultural venues, enhancing the living experience. Overall, Wandana Heights combines the benefits of suburban tranquility with urban accessibility, making it a highly sought-after location for home buyers in the region.

Wandana Heights Real Estate Market Outlook

Thinking about buying in Wandana Heights? Now could not be a better time, with 1221 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,148,000 with prices in this suburb ranging from $219,000 to $3,080,000. Wandana Heights is located fairly close to the coast at just 5Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. High average incomes in Wandana Heights ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Wandana Heights classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Wandana Heights requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Instant Property Valuation

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Public Transport

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General Points of Interest

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