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Clemton Park Suburb Insights
VICLocation Information
Suburb Name
Clemton Park, VIC
Distance from CBD
13.8 kmDemographics
Population
1,666
Median Income
$26,572
Area Information
Area
0.37 km²
Population Density
4503 people/km²
Property Market
Median Price
$687,165
Annual Growth
+13.9%Property Price Trend Analysis
Current Median Price
$687,165
Annual Growth
+13.9%
Quarterly Growth
+4.6%
Price Trends - Last 6 Months
2024-01
$932,029
+4.9%2024-02
$796,479
+9.2%2024-03
$705,640
+14.4%2024-04
$914,307
+10.9%2024-05
$560,324
+12.6%2024-06
$416,372
+15.9%Property Type Price Analysis
House
Median Price
$1,063,753
Growth Rate
+7.3%Available Listings
326 properties
Apartment
Median Price
$393,538
Growth Rate
+15.6%Available Listings
958 properties
Townhouse
Median Price
$528,265
Growth Rate
+15.2%Available Listings
148 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