Back to Suburb Insights
Concord Suburb Insights
VICLocation Information
Suburb Name
Concord, VIC
Distance from CBD
24.9 kmDemographics
Population
14,533
Median Income
$39,052
Area Information
Area
5.06 km²
Population Density
2872 people/km²
Property Market
Median Price
$783,690
Annual Growth
+6.9%Property Price Trend Analysis
Current Median Price
$783,690
Annual Growth
+6.9%
Quarterly Growth
+1.1%
Price Trends - Last 6 Months
2024-01
$486,435
+4%2024-02
$987,319
+8.4%2024-03
$439,150
+10%2024-04
$1,012,793
+11.7%2024-05
$499,652
+15.9%2024-06
$1,109,595
+13.9%Property Type Price Analysis
House
Median Price
$1,562,565
Growth Rate
+14.5%Available Listings
489 properties
Apartment
Median Price
$641,194
Growth Rate
+14.5%Available Listings
415 properties
Townhouse
Median Price
$781,102
Growth Rate
+13.2%Available Listings
102 properties
Investment Potential Assessment
Investment Advantages
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy