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Clemton Park Suburb Insights

VIC
Location Information

Suburb Name

Clemton Park, VIC

Distance from CBD

13.8 km
Demographics

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