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Chifley Suburb Insights
VICLocation Information
Suburb Name
Chifley, VIC
Distance from CBD
10.4 kmDemographics
Population
3,233
Median Income
$36,452
Area Information
Area
1.06 km²
Population Density
3050 people/km²
Property Market
Median Price
$1,015,584
Annual Growth
+11.3%Property Price Trend Analysis
Current Median Price
$1,015,584
Annual Growth
+11.3%
Quarterly Growth
+2.3%
Price Trends - Last 6 Months
2024-01
$953,390
+3.6%2024-02
$583,853
+9.9%2024-03
$1,003,474
+13.6%2024-04
$743,114
+16.9%2024-05
$1,030,702
+18.3%2024-06
$1,070,546
+20.7%Property Type Price Analysis
House
Median Price
$1,793,092
Growth Rate
+10.3%Available Listings
103 properties
Apartment
Median Price
$641,349
Growth Rate
+10.2%Available Listings
561 properties
Townhouse
Median Price
$579,576
Growth Rate
+14.4%Available Listings
214 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