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Castlecrag Suburb Insights
VICLocation Information
Suburb Name
Castlecrag, VIC
Distance from CBD
6 kmDemographics
Population
2,939
Median Income
$65,624
Area Information
Area
1.51 km²
Population Density
1946 people/km²
Property Market
Median Price
$944,982
Annual Growth
+6.6%Property Price Trend Analysis
Current Median Price
$944,982
Annual Growth
+6.6%
Quarterly Growth
+4.4%
Price Trends - Last 6 Months
2024-01
$584,353
+3.7%2024-02
$1,012,074
+4.2%2024-03
$779,868
+8.5%2024-04
$1,067,139
+12%2024-05
$864,034
+11.6%2024-06
$1,012,704
+13.8%Property Type Price Analysis
House
Median Price
$1,610,190
Growth Rate
+5.8%Available Listings
138 properties
Apartment
Median Price
$557,534
Growth Rate
+14.1%Available Listings
481 properties
Townhouse
Median Price
$545,692
Growth Rate
+11%Available Listings
297 properties
Investment Potential Assessment
Investment Advantages
- Strong quarterly growth momentum
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy