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Erina Heights Suburb Insights

VIC
Location Information

Suburb Name

Erina Heights, VIC

Distance from CBD

20 km
Demographics

Population

421

Median Income

$35,308

Area Information

Area

1.53 km²

Population Density

275 people/km²

Property Market

Median Price

$509,383

Annual Growth

+5.8%
Property Price Trend Analysis

Current Median Price

$509,383

Annual Growth

+5.8%

Quarterly Growth

+4.2%

Price Trends - Last 6 Months

2024-01

$452,029

+5.3%
2024-02

$625,279

+5.1%
2024-03

$1,107,987

+13.7%
2024-04

$687,422

+11.4%
2024-05

$422,316

+18.2%
2024-06

$906,783

+10.3%
Property Type Price Analysis
House

Median Price

$1,726,532

Growth Rate

+12.4%

Available Listings

311 properties

Apartment

Median Price

$401,425

Growth Rate

+14.2%

Available Listings

738 properties

Townhouse

Median Price

$887,837

Growth Rate

+16%

Available Listings

299 properties

Investment Potential Assessment
Investment Advantages
  • Strong quarterly growth momentum
  • Diverse property types available
Considerations
  • Rising prices may affect affordability
  • Monitor interest rate changes
  • Consider long-term investment strategy