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Elderslie Suburb Insights
VICLocation Information
Suburb Name
Elderslie, VIC
Distance from CBD
24.7 kmDemographics
Population
6,005
Median Income
$43,160
Area Information
Area
5.04 km²
Population Density
1191 people/km²
Property Market
Median Price
$882,946
Annual Growth
+10.1%Property Price Trend Analysis
Current Median Price
$882,946
Annual Growth
+10.1%
Quarterly Growth
+1.9%
Price Trends - Last 6 Months
2024-01
$524,025
+8.9%2024-02
$634,885
+11.8%2024-03
$969,147
+11.7%2024-04
$1,124,966
+6.8%2024-05
$990,028
+12.3%2024-06
$1,121,891
+18.5%Property Type Price Analysis
House
Median Price
$1,471,514
Growth Rate
+6%Available Listings
316 properties
Apartment
Median Price
$425,541
Growth Rate
+7.7%Available Listings
968 properties
Townhouse
Median Price
$464,730
Growth Rate
+12.3%Available Listings
307 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