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Colebee Suburb Insights
VICLocation Information
Suburb Name
Colebee, VIC
Distance from CBD
16.8 kmDemographics
Population
1,931
Median Income
$56,368
Area Information
Area
3.48 km²
Population Density
555 people/km²
Property Market
Median Price
$1,119,606
Annual Growth
+17.6%Property Price Trend Analysis
Current Median Price
$1,119,606
Annual Growth
+17.6%
Quarterly Growth
+2.8%
Price Trends - Last 6 Months
2024-01
$861,247
+8.5%2024-02
$626,111
+10.5%2024-03
$511,927
+8.5%2024-04
$544,286
+6.5%2024-05
$980,574
+17.9%2024-06
$1,089,001
+17.4%Property Type Price Analysis
House
Median Price
$1,435,500
Growth Rate
+8.5%Available Listings
171 properties
Apartment
Median Price
$525,007
Growth Rate
+7.3%Available Listings
532 properties
Townhouse
Median Price
$758,196
Growth Rate
+9.9%Available Listings
277 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