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Copacabana Suburb Insights
VICLocation Information
Suburb Name
Copacabana, VIC
Distance from CBD
17.6 kmDemographics
Population
2,735
Median Income
$39,312
Area Information
Area
2 km²
Population Density
1368 people/km²
Property Market
Median Price
$1,106,443
Annual Growth
+14.7%Property Price Trend Analysis
Current Median Price
$1,106,443
Annual Growth
+14.7%
Quarterly Growth
+2.5%
Price Trends - Last 6 Months
2024-01
$847,041
+3.1%2024-02
$438,816
+7.7%2024-03
$989,008
+7.1%2024-04
$927,698
+15.7%2024-05
$467,665
+18.1%2024-06
$750,447
+15.1%Property Type Price Analysis
House
Median Price
$847,532
Growth Rate
+14.1%Available Listings
250 properties
Apartment
Median Price
$326,673
Growth Rate
+8.7%Available Listings
405 properties
Townhouse
Median Price
$870,664
Growth Rate
+9.2%Available Listings
227 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