21 Ritchie Avenue

Cape Woolamai VIC 3925

The size of Cape Woolamai is approximately 6 square kilometres. It has 1 park covering nearly 69.5% of total area. The population of Cape Woolamai in 2011 was 1,549 people. By 2016 the population was 1,688 showing a population growth of 9.0% in the area during that time. The predominant age group in Cape Woolamai is 40-49 years. Households in Cape Woolamai are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Cape Woolamai work in a trades occupation. In 2011, 76.8% of the homes in Cape Woolamai were owner-occupied compared with 75.2% in 2016.

Cape Woolamai has 1,986 properties. Over the last 5 years, Houses in Cape Woolamai have seen a 56.72% increase in median value, while Units have seen a 62.02% increase. As at 31 October 2024:

• The median value for Houses in Cape Woolamai is $748,290 while the median value for Units is $637,061.
• Houses have a median rent of $465 while Units have a median rent of $320.