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Elizabeth Hills Suburb Insights
VICLocation Information
Suburb Name
Elizabeth Hills, VIC
Distance from CBD
6.2 kmDemographics
Population
2,535
Median Income
$39,468
Area Information
Area
1.12 km²
Population Density
2263 people/km²
Property Market
Median Price
$534,027
Annual Growth
+19.4%Property Price Trend Analysis
Current Median Price
$534,027
Annual Growth
+19.4%
Quarterly Growth
+2.1%
Price Trends - Last 6 Months
2024-01
$859,298
+9.8%2024-02
$726,685
+10.4%2024-03
$1,102,616
+10.4%2024-04
$692,990
+15.8%2024-05
$864,198
+14.4%2024-06
$1,061,204
+8.6%Property Type Price Analysis
House
Median Price
$1,021,055
Growth Rate
+13.2%Available Listings
204 properties
Apartment
Median Price
$646,912
Growth Rate
+17.4%Available Listings
422 properties
Townhouse
Median Price
$854,870
Growth Rate
+7.5%Available Listings
89 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