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Castle Hill Suburb Insights
VICLocation Information
Suburb Name
Castle Hill, VIC
Distance from CBD
5.1 kmDemographics
Population
39,594
Median Income
$40,924
Area Information
Area
18.81 km²
Population Density
2105 people/km²
Property Market
Median Price
$909,038
Annual Growth
+9.5%Property Price Trend Analysis
Current Median Price
$909,038
Annual Growth
+9.5%
Quarterly Growth
+4.8%
Price Trends - Last 6 Months
2024-01
$865,187
+6.5%2024-02
$846,291
+5.6%2024-03
$678,135
+10.9%2024-04
$397,394
+16.5%2024-05
$1,162,316
+7.9%2024-06
$1,209,874
+10.7%Property Type Price Analysis
House
Median Price
$1,061,109
Growth Rate
+8.5%Available Listings
175 properties
Apartment
Median Price
$334,630
Growth Rate
+13.7%Available Listings
987 properties
Townhouse
Median Price
$801,647
Growth Rate
+6.5%Available Listings
270 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