Homewise logoHomewise
Back to Suburb Insights

Claremont Meadows Suburb Insights

VIC
Location Information

Suburb Name

Claremont Meadows, VIC

Distance from CBD

24.4 km
Demographics

Population

4,776

Median Income

$41,704

Area Information

Area

3.04 km²

Population Density

1571 people/km²

Property Market

Median Price

$907,848

Annual Growth

+18.8%
Property Price Trend Analysis

Current Median Price

$907,848

Annual Growth

+18.8%

Quarterly Growth

+5%

Price Trends - Last 6 Months

2024-01

$476,814

+9.3%
2024-02

$631,075

+5.8%
2024-03

$975,423

+14.5%
2024-04

$1,143,625

+12.4%
2024-05

$1,184,641

+11.8%
2024-06

$1,210,136

+10.9%
Property Type Price Analysis
House

Median Price

$1,207,339

Growth Rate

+12.9%

Available Listings

497 properties

Apartment

Median Price

$571,730

Growth Rate

+6.8%

Available Listings

990 properties

Townhouse

Median Price

$549,341

Growth Rate

+7.2%

Available Listings

52 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