Warrnambool
The median rent for a 2-bedroom unit in Warrnambool is $420 a week for leases that started in the year to September 2025, up 5.0% on a year earlier. That is in line with the typical 2-bedroom unit rent across Warrnambool. The median sale price in the Mar 2026 quarter was $690,000 for a house and $495,000 for a unit. A year of rent for that home is about 4.7% of its median sale price (gross rental yield).
Median rent in Warrnambool
| Home | Rent a week | Change over a year | New leases |
|---|---|---|---|
| 1-bedroom unit | $345 | +15.0% | 40 |
| 2-bedroom unit | $420 | +5.0% | 229 |
| 3-bedroom unit | $500 | -2.0% | 45 |
| 2-bedroom house | $450 | +2.3% | 71 |
| 3-bedroom house | $550 | +5.8% | 313 |
| 4-bedroom house | $680 | +4.6% | 136 |
* Based on fewer than 20 new leases in the year, so it can swing a lot.
Median sale price
| Type | Median price | Period |
|---|---|---|
| House | $690,000 | Mar 2026 quarter |
| Unit | $495,000 | Mar 2026 quarter |
† Fewer than 10 sales. ‡ No sales that quarter, so an earlier figure is shown.