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Emu Plains Suburb Insights
VICLocation Information
Suburb Name
Emu Plains, VIC
Distance from CBD
5.4 kmDemographics
Population
8,421
Median Income
$37,388
Area Information
Area
8.25 km²
Population Density
1021 people/km²
Property Market
Median Price
$1,173,640
Annual Growth
+18.5%Property Price Trend Analysis
Current Median Price
$1,173,640
Annual Growth
+18.5%
Quarterly Growth
+4.7%
Price Trends - Last 6 Months
2024-01
$873,480
+10%2024-02
$1,058,857
+5.3%2024-03
$387,870
+12.3%2024-04
$468,840
+10.7%2024-05
$794,149
+8.8%2024-06
$787,648
+10.4%Property Type Price Analysis
House
Median Price
$1,638,088
Growth Rate
+6%Available Listings
342 properties
Apartment
Median Price
$477,022
Growth Rate
+12.8%Available Listings
828 properties
Townhouse
Median Price
$601,868
Growth Rate
+8.4%Available Listings
262 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