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Erskineville Suburb Insights
VICLocation Information
Suburb Name
Erskineville, VIC
Distance from CBD
19.4 kmDemographics
Population
8,014
Median Income
$71,812
Area Information
Area
0.81 km²
Population Density
9894 people/km²
Property Market
Median Price
$545,368
Annual Growth
+20%Property Price Trend Analysis
Current Median Price
$545,368
Annual Growth
+20%
Quarterly Growth
+3.9%
Price Trends - Last 6 Months
2024-01
$775,189
+9%2024-02
$485,508
+6.3%2024-03
$622,017
+8.1%2024-04
$539,456
+15.9%2024-05
$712,789
+15.1%2024-06
$1,158,026
+19.9%Property Type Price Analysis
House
Median Price
$1,045,915
Growth Rate
+12.2%Available Listings
246 properties
Apartment
Median Price
$696,889
Growth Rate
+17.7%Available Listings
949 properties
Townhouse
Median Price
$417,912
Growth Rate
+9.2%Available Listings
335 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