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Faulconbridge Suburb Insights

VIC
Location Information

Suburb Name

Faulconbridge, VIC

Distance from CBD

15.7 km
Demographics

Population

4,025

Median Income

$41,184

Area Information

Area

14.93 km²

Population Density

270 people/km²

Property Market

Median Price

$654,474

Annual Growth

+19.8%
Property Price Trend Analysis

Current Median Price

$654,474

Annual Growth

+19.8%

Quarterly Growth

+3.1%

Price Trends - Last 6 Months

2024-01

$350,527

+7%
2024-02

$1,076,638

+4.1%
2024-03

$820,157

+12.6%
2024-04

$618,751

+9.5%
2024-05

$956,239

+14.4%
2024-06

$990,697

+9.4%
Property Type Price Analysis
House

Median Price

$1,450,959

Growth Rate

+8.8%

Available Listings

207 properties

Apartment

Median Price

$614,391

Growth Rate

+14.9%

Available Listings

734 properties

Townhouse

Median Price

$784,213

Growth Rate

+9.3%

Available Listings

298 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