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Dean Park Suburb Insights
VICLocation Information
Suburb Name
Dean Park, VIC
Distance from CBD
21.2 kmDemographics
Population
3,227
Median Income
$33,176
Area Information
Area
1.51 km²
Population Density
2137 people/km²
Property Market
Median Price
$488,194
Annual Growth
+11.1%Property Price Trend Analysis
Current Median Price
$488,194
Annual Growth
+11.1%
Quarterly Growth
+3.4%
Price Trends - Last 6 Months
2024-01
$660,952
+5.4%2024-02
$705,846
+11%2024-03
$779,704
+11.4%2024-04
$853,370
+10%2024-05
$470,324
+13.8%2024-06
$1,078,518
+19.3%Property Type Price Analysis
House
Median Price
$1,363,248
Growth Rate
+9.3%Available Listings
342 properties
Apartment
Median Price
$539,157
Growth Rate
+7.6%Available Listings
486 properties
Townhouse
Median Price
$624,852
Growth Rate
+8%Available Listings
308 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