Welshmans Reef Suburb Profile

Victoria 3462

Welshmans Reef has 162 properties. Over the last 5 years, Houses in Welshmans Reef have seen a 23.79% increase in median value, while Units have seen a -4.91% decrease. As at 30 November 2024:

• The median value for Houses in Welshmans Reef is $748,667 while the median value for Units is $509,974.

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..