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Denistone West Suburb Insights
VICLocation Information
Suburb Name
Denistone West, VIC
Distance from CBD
17.5 kmDemographics
Population
933
Median Income
$41,340
Area Information
Area
0.32 km²
Population Density
2916 people/km²
Property Market
Median Price
$831,361
Annual Growth
+16.2%Property Price Trend Analysis
Current Median Price
$831,361
Annual Growth
+16.2%
Quarterly Growth
+3.4%
Price Trends - Last 6 Months
2024-01
$792,198
+6.5%2024-02
$901,711
+12.2%2024-03
$1,058,125
+9.9%2024-04
$1,020,200
+7.8%2024-05
$1,170,695
+16.7%2024-06
$691,664
+9.6%Property Type Price Analysis
House
Median Price
$1,431,182
Growth Rate
+5.9%Available Listings
494 properties
Apartment
Median Price
$337,136
Growth Rate
+13.4%Available Listings
861 properties
Townhouse
Median Price
$722,167
Growth Rate
+15.9%Available Listings
247 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