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Duffys Forest Suburb Insights

VIC
Location Information

Suburb Name

Duffys Forest, VIC

Distance from CBD

18 km
Demographics

Population

474

Median Income

$46,072

Area Information

Area

4.62 km²

Population Density

103 people/km²

Property Market

Median Price

$850,013

Annual Growth

+5.8%
Property Price Trend Analysis

Current Median Price

$850,013

Annual Growth

+5.8%

Quarterly Growth

+3%

Price Trends - Last 6 Months

2024-01

$533,627

+6%
2024-02

$852,844

+5.5%
2024-03

$1,072,258

+12.7%
2024-04

$871,952

+15.3%
2024-05

$1,158,970

+13.6%
2024-06

$470,476

+12.9%
Property Type Price Analysis
House

Median Price

$1,483,471

Growth Rate

+10.9%

Available Listings

485 properties

Apartment

Median Price

$324,308

Growth Rate

+15.8%

Available Listings

596 properties

Townhouse

Median Price

$891,612

Growth Rate

+14.5%

Available Listings

107 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