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Drummoyne Suburb Insights
VICLocation Information
Suburb Name
Drummoyne, VIC
Distance from CBD
13.3 kmDemographics
Population
11,950
Median Income
$60,840
Area Information
Area
2.31 km²
Population Density
5173 people/km²
Property Market
Median Price
$1,143,341
Annual Growth
+10.2%Property Price Trend Analysis
Current Median Price
$1,143,341
Annual Growth
+10.2%
Quarterly Growth
+4%
Price Trends - Last 6 Months
2024-01
$672,690
+9.6%2024-02
$573,399
+8.4%2024-03
$617,277
+11.6%2024-04
$1,018,954
+7.9%2024-05
$457,907
+14.4%2024-06
$1,035,333
+16.8%Property Type Price Analysis
House
Median Price
$1,116,957
Growth Rate
+6.8%Available Listings
367 properties
Apartment
Median Price
$497,977
Growth Rate
+13.8%Available Listings
852 properties
Townhouse
Median Price
$571,293
Growth Rate
+6.1%Available Listings
202 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