Homewise logoHomewise
Back to Suburb Insights

Dolans Bay Suburb Insights

VIC
Location Information

Suburb Name

Dolans Bay, VIC

Distance from CBD

15.7 km
Demographics

Population

598

Median Income

$46,800

Area Information

Area

0.26 km²

Population Density

2300 people/km²

Property Market

Median Price

$748,417

Annual Growth

+7.4%
Property Price Trend Analysis

Current Median Price

$748,417

Annual Growth

+7.4%

Quarterly Growth

+4.8%

Price Trends - Last 6 Months

2024-01

$869,047

+6.1%
2024-02

$855,056

+10%
2024-03

$1,037,266

+7.8%
2024-04

$1,083,437

+11.9%
2024-05

$1,061,600

+17.7%
2024-06

$692,196

+15.3%
Property Type Price Analysis
House

Median Price

$836,943

Growth Rate

+9.4%

Available Listings

230 properties

Apartment

Median Price

$660,002

Growth Rate

+16.4%

Available Listings

409 properties

Townhouse

Median Price

$775,532

Growth Rate

+14%

Available Listings

298 properties

Investment Potential Assessment
Investment Advantages
  • Strong quarterly growth momentum
  • Diverse property types available
Considerations
  • Rising prices may affect affordability
  • Monitor interest rate changes
  • Consider long-term investment strategy