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Faulconbridge Suburb Insights
VICLocation Information
Suburb Name
Faulconbridge, VIC
Distance from CBD
15.7 kmDemographics
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