Back to Suburb Insights
Davistown Suburb Insights
VICLocation Information
Suburb Name
Davistown, VIC
Distance from CBD
12.8 kmDemographics
Population
2,488
Median Income
$31,668
Area Information
Area
1.61 km²
Population Density
1545 people/km²
Property Market
Median Price
$1,054,065
Annual Growth
+19.8%Property Price Trend Analysis
Current Median Price
$1,054,065
Annual Growth
+19.8%
Quarterly Growth
+3.8%
Price Trends - Last 6 Months
2024-01
$919,936
+6.2%2024-02
$491,224
+12.7%2024-03
$497,127
+8.5%2024-04
$1,054,972
+9.4%2024-05
$418,382
+12.3%2024-06
$530,977
+20.5%Property Type Price Analysis
House
Median Price
$1,607,337
Growth Rate
+8.5%Available Listings
294 properties
Apartment
Median Price
$642,278
Growth Rate
+17.1%Available Listings
583 properties
Townhouse
Median Price
$591,244
Growth Rate
+16.1%Available Listings
214 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