Back to Suburb Insights
Dover Heights Suburb Insights
VICLocation Information
Suburb Name
Dover Heights, VIC
Distance from CBD
15.3 kmDemographics
Population
3,802
Median Income
$59,540
Area Information
Area
0.95 km²
Population Density
4002 people/km²
Property Market
Median Price
$525,762
Annual Growth
+12.4%Property Price Trend Analysis
Current Median Price
$525,762
Annual Growth
+12.4%
Quarterly Growth
+2.4%
Price Trends - Last 6 Months
2024-01
$672,699
+10.7%2024-02
$1,074,587
+5.8%2024-03
$542,570
+9.5%2024-04
$395,299
+7.9%2024-05
$914,234
+13.9%2024-06
$591,534
+17.2%Property Type Price Analysis
House
Median Price
$1,551,067
Growth Rate
+7%Available Listings
111 properties
Apartment
Median Price
$521,061
Growth Rate
+13.5%Available Listings
610 properties
Townhouse
Median Price
$590,667
Growth Rate
+11.9%Available Listings
345 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