Homewise logoHomewise
Back to Suburb Insights

Church Point Suburb Insights

VIC
Location Information

Suburb Name

Church Point, VIC

Distance from CBD

5.8 km
Demographics

Population

997

Median Income

$54,132

Area Information

Area

0.72 km²

Population Density

1385 people/km²

Property Market

Median Price

$524,922

Annual Growth

+7.3%
Property Price Trend Analysis

Current Median Price

$524,922

Annual Growth

+7.3%

Quarterly Growth

+2.8%

Price Trends - Last 6 Months

2024-01

$928,980

+9.9%
2024-02

$742,763

+7.4%
2024-03

$584,847

+8.1%
2024-04

$1,141,173

+8.1%
2024-05

$718,999

+7.8%
2024-06

$562,114

+13.5%
Property Type Price Analysis
House

Median Price

$1,108,969

Growth Rate

+7%

Available Listings

344 properties

Apartment

Median Price

$626,908

Growth Rate

+8.9%

Available Listings

956 properties

Townhouse

Median Price

$478,914

Growth Rate

+8%

Available Listings

217 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