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Avoca Beach Suburb Insights
VICLocation Information
Suburb Name
Avoca Beach, VIC
Distance from CBD
21.1 kmDemographics
Population
4,584
Median Income
$39,728
Area Information
Area
4.44 km²
Population Density
1032 people/km²
Property Market
Median Price
$751,704
Annual Growth
+10.5%Property Price Trend Analysis
Current Median Price
$751,704
Annual Growth
+10.5%
Quarterly Growth
+2.8%
Price Trends - Last 6 Months
2024-01
$1,010,565
+6.2%2024-02
$831,159
+11.9%2024-03
$715,847
+8.5%2024-04
$833,551
+14.8%2024-05
$1,099,472
+11.6%2024-06
$1,012,076
+11.7%Property Type Price Analysis
House
Median Price
$1,467,285
Growth Rate
+15%Available Listings
261 properties
Apartment
Median Price
$607,745
Growth Rate
+8.8%Available Listings
613 properties
Townhouse
Median Price
$941,365
Growth Rate
+11%Available Listings
86 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