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Carss Park Suburb Insights
VICLocation Information
Suburb Name
Carss Park, VIC
Distance from CBD
5.4 kmDemographics
Population
1,252
Median Income
$36,816
Area Information
Area
0.63 km²
Population Density
1987 people/km²
Property Market
Median Price
$528,968
Annual Growth
+16%Property Price Trend Analysis
Current Median Price
$528,968
Annual Growth
+16%
Quarterly Growth
+2.3%
Price Trends - Last 6 Months
2024-01
$472,009
+7.7%2024-02
$880,389
+8%2024-03
$446,450
+13.4%2024-04
$679,865
+13.2%2024-05
$1,014,708
+14.2%2024-06
$707,119
+18.8%Property Type Price Analysis
House
Median Price
$1,700,450
Growth Rate
+13.5%Available Listings
486 properties
Apartment
Median Price
$387,216
Growth Rate
+7.3%Available Listings
540 properties
Townhouse
Median Price
$857,592
Growth Rate
+14.1%Available Listings
316 properties
Investment Potential Assessment
Investment Advantages
- Annual growth exceeds 8% - excellent performance
- Strong quarterly growth momentum
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy