16 Banksia Way

South Morang VIC 3752

The size of South Morang is approximately 21 square kilometres. It has 70 parks covering nearly 37.1% of total area. The population of South Morang in 2011 was 20,873 people. By 2016 the population was 24,043 showing a population growth of 15.2% in the area during that time. The predominant age group in South Morang is 30-39 years. Households in South Morang are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Morang work in a professional occupation. In 2011, 79.3% of the homes in South Morang were owner-occupied compared with 76.9% in 2016.

South Morang has 10,949 properties. Over the last 5 years, Houses in South Morang have seen a 25.27% increase in median value, while Units have seen a 31.25% increase. As at 30 September 2024:

• The median value for Houses in South Morang is $811,003 while the median value for Units is $525,640.
• Houses have a median rent of $550 while Units have a median rent of $500.