Warrane is an eastern shore suburb between Montagu Bay and Mornington, with affordable homes and good access to Eastlands Shopping Centre. A practical choice for families and first home buyers on the eastern side of the Derwent. At the current $540k median house price, an 80% loan at 6.25% over 30 years is about $2,660 per month.
| Median house price | $540,000 |
|---|---|
| Median unit price | $350,000 |
| Estimated monthly repayment | $2,660 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 8% |
| Gross rental yield | 5% |
| Typical days on market | 19 |
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