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Colyton Suburb Insights

VIC
Location Information

Suburb Name

Colyton, VIC

Distance from CBD

20 km
Demographics

Population

8,439

Median Income

$32,292

Area Information

Area

3.36 km²

Population Density

2512 people/km²

Property Market

Median Price

$644,790

Annual Growth

+17.1%
Property Price Trend Analysis

Current Median Price

$644,790

Annual Growth

+17.1%

Quarterly Growth

+2.9%

Price Trends - Last 6 Months

2024-01

$883,272

+4.6%
2024-02

$659,238

+12.8%
2024-03

$897,774

+10.8%
2024-04

$466,810

+6.5%
2024-05

$1,015,236

+7.8%
2024-06

$521,237

+9.3%
Property Type Price Analysis
House

Median Price

$1,511,544

Growth Rate

+14.1%

Available Listings

437 properties

Apartment

Median Price

$459,029

Growth Rate

+16.7%

Available Listings

391 properties

Townhouse

Median Price

$841,118

Growth Rate

+8.2%

Available Listings

290 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