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Colyton Suburb Insights
VICLocation Information
Suburb Name
Colyton, VIC
Distance from CBD
20 kmDemographics
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