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Abbotsford Suburb Insights
VICLocation Information
Suburb Name
Abbotsford, VIC
Distance from CBD
18.3 kmDemographics
Population
5,373
Median Income
$50,180
Area Information
Area
1.02 km²
Population Density
5268 people/km²
Property Market
Median Price
$543,250
Annual Growth
+10.7%Property Price Trend Analysis
Current Median Price
$543,250
Annual Growth
+10.7%
Quarterly Growth
+4.9%
Price Trends - Last 6 Months
2024-01
$873,450
+9.6%2024-02
$514,277
+10.7%2024-03
$600,215
+6.6%2024-04
$1,033,525
+7.1%2024-05
$1,158,647
+17.2%2024-06
$461,931
+20.1%Property Type Price Analysis
House
Median Price
$1,376,679
Growth Rate
+7.9%Available Listings
465 properties
Apartment
Median Price
$641,672
Growth Rate
+13.7%Available Listings
242 properties
Townhouse
Median Price
$943,154
Growth Rate
+11.6%Available Listings
329 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