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Emu Heights Suburb Insights

VIC
Location Information

Suburb Name

Emu Heights, VIC

Distance from CBD

9.2 km
Demographics

Population

3,289

Median Income

$42,016

Area Information

Area

3.43 km²

Population Density

959 people/km²

Property Market

Median Price

$453,984

Annual Growth

+12.2%
Property Price Trend Analysis

Current Median Price

$453,984

Annual Growth

+12.2%

Quarterly Growth

+1%

Price Trends - Last 6 Months

2024-01

$569,270

+6.1%
2024-02

$958,211

+11.6%
2024-03

$1,101,199

+5.8%
2024-04

$483,449

+14%
2024-05

$989,208

+16.9%
2024-06

$885,768

+17.3%
Property Type Price Analysis
House

Median Price

$995,960

Growth Rate

+14.1%

Available Listings

437 properties

Apartment

Median Price

$511,118

Growth Rate

+13%

Available Listings

864 properties

Townhouse

Median Price

$662,635

Growth Rate

+8.3%

Available Listings

81 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