14 Highfield Avenue, Warranwood, Vic 3134
$1,180,000 - $1,280,000
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Open Saturday 18 July 1:00 pmOriginally used for orchards and grazing, Warranwood was developed as a residential suburb in the late 20th century to provide a 'bush-living' experience close to the city. It was carved out of the northern sections of Ringwood and Croydon to create a distinct, low-density environment.
Today, it is a high-demand family enclave known for its undulating hills, large allotments, and proximity to some of Melbourne's most prestigious private schools.
How this suburb feels day-to-day.
Dominant dwelling stock.
Typical entry to ceiling.
Warranwood offers a 'best of both worlds' scenario: the space and greenery of Warrandyte with the suburban convenience of Ringwood. It is a destination suburb for families prioritizing education and safety over nightlife or public transport.
$1.25m – $2.4m
$820k – $1.1m (Townhouses)
12-month movement
Current asking rents
The market is tightly held with low turnover. Buyers are often competing for a limited number of 'turn-key' family homes, keeping prices resilient even during broader market downturns.
Price comparison
Median price ÷ median income
Estimated rental yield
Warranwood is a premium pocket. While more affordable than neighboring Warrandyte, it commands a significant premium over Croydon and Ringwood East due to its larger land sizes and school zoning.
Lower = tighter market
Avg time on market
Annual rental increase
Professional families relocating for school catchments.
Low yields make it a capital growth play rather than a cash-flow strategy. High-quality tenants and low vacancy rates provide stability, but entry costs are high.
Expect steady capital growth outperforming the outer-east average. The suburb's reputation as an 'education precinct' provides a permanent floor for property values.
vs last 12 months
Relative comparison
Standard home security is sufficient. Most recorded incidents are opportunistic thefts from unlocked vehicles or construction sites.
The primary risks are environmental and regulatory rather than social. Bushfire and land use restrictions are the critical due diligence items.
Low risk; the suburb is elevated, though local drainage on steep slopes should be inspected.
High risk; much of the suburb is in a Bushfire Prone Area (BPA) and subject to BMO overlays.
Expect higher-than-average premiums for properties bordering reserves or with heavy canopy cover.
SLO (Significant Landscape Overlay), BMO (Bushfire Management Overlay)
Minimal; limited to occasional 1-into-2 lot subdivisions on larger blocks.
The SLO is designed to protect the 'treed' character of the suburb. This means you likely cannot cut down large trees to extend a house or build a pool without a permit, which is often denied.
Car-dependent. Bus routes 364 and 670 provide connections to Ringwood and Warrandyte.
Quiet residential feel. Close to McAdam Square and North Ringwood shops.
Excellent. Warranwood Reserve and Quambee Reserve offer great walking tracks and sports facilities.
The suburb's strongest asset. Access to elite private schools is a primary driver for buyers.
Good; 10-minute drive to Maroondah Hospital and Ringwood private medical suites.
An affluent, stable population of established families and older couples.
The high owner-occupancy rate ensures properties are well-maintained and the community is stable, contributing to long-term price resilience.
No major high-density developments are planned within Warranwood itself due to zoning protections.
Residents value the peace, safety, and 'country feel' while being only 30km from the CBD. The school run is the only major complaint.
The best place to raise kids. They can walk to the Steiner school and the streets are so quiet.
Love the house, hate the drive. You absolutely need two cars if you live here.
Getting a permit for a simple deck was a nightmare because of the tree overlays.
Position the property as a 'private sanctuary' or 'lifestyle estate'. Focus on the proximity to elite schools as the primary value driver.
Target 4-bedroom family homes within walking distance of the Steiner school.
Low rental yield and high maintenance costs for large gardens.
Peaceful environment and high-quality housing.
Lack of shops and transport within walking distance.
Strict adherence to Victorian rental safety standards, particularly regarding smoke alarms and gas safety in older builds.
Elite Education, Semi-Rural Serenity, Family Legacy Home.
Professional couples aged 35-50 with school-aged children.
This report is based on data available as of March 31, 2026. Market conditions and planning regulations are subject to change. This is not financial or investment advice; buyers should conduct their own independent due diligence.
Now
Before
$1,180,000 - $1,280,000
4 2 2
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