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Claremont Meadows Suburb Insights
VICLocation Information
Suburb Name
Claremont Meadows, VIC
Distance from CBD
24.4 kmDemographics
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