Back to Suburb Insights
Edgecliff Suburb Insights
VICLocation Information
Suburb Name
Edgecliff, VIC
Distance from CBD
9.1 kmDemographics
Population
2,580
Median Income
$70,980
Area Information
Area
0.32 km²
Population Density
8063 people/km²
Property Market
Median Price
$524,147
Annual Growth
+14.9%Property Price Trend Analysis
Current Median Price
$524,147
Annual Growth
+14.9%
Quarterly Growth
+1.9%
Price Trends - Last 6 Months
2024-01
$1,030,809
+10.5%2024-02
$933,715
+10.2%2024-03
$615,057
+6.8%2024-04
$914,360
+12.6%2024-05
$1,177,491
+12.5%2024-06
$1,113,379
+18.4%Property Type Price Analysis
House
Median Price
$1,460,398
Growth Rate
+8.3%Available Listings
437 properties
Apartment
Median Price
$302,020
Growth Rate
+10.5%Available Listings
593 properties
Townhouse
Median Price
$721,013
Growth Rate
+8.7%Available Listings
100 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