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Eastern Creek Suburb Insights
VICLocation Information
Suburb Name
Eastern Creek, VIC
Distance from CBD
18.4 kmDemographics
Population
827
Median Income
$33,852
Area Information
Area
20.43 km²
Population Density
40 people/km²
Property Market
Median Price
$904,552
Annual Growth
+13.9%Property Price Trend Analysis
Current Median Price
$904,552
Annual Growth
+13.9%
Quarterly Growth
+1.6%
Price Trends - Last 6 Months
2024-01
$670,939
+7.2%2024-02
$517,052
+7.9%2024-03
$503,140
+12%2024-04
$629,238
+9.6%2024-05
$912,774
+14.4%2024-06
$742,219
+15.6%Property Type Price Analysis
House
Median Price
$969,715
Growth Rate
+15%Available Listings
403 properties
Apartment
Median Price
$464,221
Growth Rate
+7.4%Available Listings
417 properties
Townhouse
Median Price
$501,588
Growth Rate
+12.1%Available Listings
83 properties
Investment Potential Assessment
Investment Advantages
- Annual growth exceeds 8% - excellent performance
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy