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Charmhaven Suburb Insights
VICLocation Information
Suburb Name
Charmhaven, VIC
Distance from CBD
18.7 kmDemographics
Population
2,551
Median Income
$28,288
Area Information
Area
7.07 km²
Population Density
361 people/km²
Property Market
Median Price
$895,312
Annual Growth
+6.9%Property Price Trend Analysis
Current Median Price
$895,312
Annual Growth
+6.9%
Quarterly Growth
+4.8%
Price Trends - Last 6 Months
2024-01
$900,882
+8.7%2024-02
$361,386
+8%2024-03
$876,077
+7.6%2024-04
$1,027,894
+12%2024-05
$857,999
+14.8%2024-06
$980,398
+13.5%Property Type Price Analysis
House
Median Price
$1,764,396
Growth Rate
+10.5%Available Listings
437 properties
Apartment
Median Price
$354,515
Growth Rate
+13.3%Available Listings
423 properties
Townhouse
Median Price
$840,261
Growth Rate
+11.9%Available Listings
224 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