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Cecil Hills Suburb Insights
VICLocation Information
Suburb Name
Cecil Hills, VIC
Distance from CBD
13.4 kmDemographics
Population
7,018
Median Income
$34,944
Area Information
Area
6.22 km²
Population Density
1128 people/km²
Property Market
Median Price
$744,948
Annual Growth
+19.7%Property Price Trend Analysis
Current Median Price
$744,948
Annual Growth
+19.7%
Quarterly Growth
+4.3%
Price Trends - Last 6 Months
2024-01
$403,944
+9.8%2024-02
$417,257
+5.9%2024-03
$649,810
+5.8%2024-04
$780,123
+7.6%2024-05
$915,255
+14.9%2024-06
$1,205,976
+17%Property Type Price Analysis
House
Median Price
$939,774
Growth Rate
+5.1%Available Listings
218 properties
Apartment
Median Price
$393,559
Growth Rate
+10.6%Available Listings
670 properties
Townhouse
Median Price
$771,469
Growth Rate
+14.5%Available Listings
81 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