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Eastlakes Suburb Insights
VICLocation Information
Suburb Name
Eastlakes, VIC
Distance from CBD
24.4 kmDemographics
Population
6,912
Median Income
$25,740
Area Information
Area
2 km²
Population Density
3456 people/km²
Property Market
Median Price
$543,789
Annual Growth
+6.6%Property Price Trend Analysis
Current Median Price
$543,789
Annual Growth
+6.6%
Quarterly Growth
+2.5%
Price Trends - Last 6 Months
2024-01
$934,878
+3.2%2024-02
$464,390
+6.6%2024-03
$996,367
+10.3%2024-04
$683,238
+11.1%2024-05
$627,883
+18.6%2024-06
$857,625
+12.6%Property Type Price Analysis
House
Median Price
$928,396
Growth Rate
+13.8%Available Listings
319 properties
Apartment
Median Price
$539,113
Growth Rate
+16.3%Available Listings
714 properties
Townhouse
Median Price
$603,734
Growth Rate
+14.8%Available Listings
314 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