Welshmans Reef Suburb Profile
Victoria 3462

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Welshmans Reef has 162 properties. Over the last 5 years, Houses in Welshmans Reef have seen a 22.09% increase in median value, while Units have seen a -4.91% decrease. As at 31 October 2024:

  • The median value for Houses in Welshmans Reef is $738,365 while the median value for Units is $494,986.
There are currently 3 properties listed for sale, and no properties listed for rent in Welshmans reef on OnTheHouse. According to CoreLogic's data, 6 properties were sold in the past 12 months in Welshmans reef.

The size of Welshmans Reef is approximately 31.1 square kilometres. It has 1 park covering nearly 14.2% of total area. The population of Welshmans Reef in 2011 was 433 people. By 2016 the population was 239 showing a population decline of 44.8% in the area during that time. The predominant age group in Welshmans Reef is 10-19 years. Households in Welshmans Reef are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Welshmans Reef work in a professional occupation. In 2011, 82.3% of the homes in Welshmans Reef were owner-occupied compared with 86.9% in 2016..

Suburb Insights for WELSHMANS REEF 3462

Market Insights
Welshmans Reef Trends for Houses
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Welshmans Reef Trends for Units
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age

Population 239

0-9

 

10%

10-19

 

18%

20-29

 

4%

30-39

 

9%

40-49

 

17%

50-59

 

15%

60-69

 

17%

70-79

 

8%

80-89

 

5%

Household Structure
Occupancy

Last Updated: 21/11/2024

Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.