Back to Suburb Insights
Chittaway Point Suburb Insights
VICLocation Information
Suburb Name
Chittaway Point, VIC
Distance from CBD
23.3 kmDemographics
Population
941
Median Income
$34,320
Area Information
Area
1.62 km²
Population Density
581 people/km²
Property Market
Median Price
$683,596
Annual Growth
+7.2%Property Price Trend Analysis
Current Median Price
$683,596
Annual Growth
+7.2%
Quarterly Growth
+2.6%
Price Trends - Last 6 Months
2024-01
$413,643
+8%2024-02
$828,477
+8.4%2024-03
$692,980
+10.4%2024-04
$961,009
+13.9%2024-05
$708,869
+18.8%2024-06
$1,019,270
+20.6%Property Type Price Analysis
House
Median Price
$808,206
Growth Rate
+11.5%Available Listings
353 properties
Apartment
Median Price
$491,561
Growth Rate
+15.6%Available Listings
718 properties
Townhouse
Median Price
$447,100
Growth Rate
+13.4%Available Listings
156 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