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Forest Lodge Suburb Insights
VICLocation Information
Suburb Name
Forest Lodge, VIC
Distance from CBD
22.1 kmDemographics
Population
4,583
Median Income
$55,276
Area Information
Area
0.45 km²
Population Density
10184 people/km²
Property Market
Median Price
$778,362
Annual Growth
+15.6%Property Price Trend Analysis
Current Median Price
$778,362
Annual Growth
+15.6%
Quarterly Growth
+1.5%
Price Trends - Last 6 Months
2024-01
$905,124
+7.4%2024-02
$707,839
+9.3%2024-03
$494,668
+11.4%2024-04
$495,005
+8.7%2024-05
$1,161,600
+18.6%2024-06
$660,204
+17.8%Property Type Price Analysis
House
Median Price
$1,388,869
Growth Rate
+14.1%Available Listings
472 properties
Apartment
Median Price
$624,465
Growth Rate
+12.3%Available Listings
452 properties
Townhouse
Median Price
$547,680
Growth Rate
+9.1%Available Listings
188 properties
Investment Potential Assessment
Investment Advantages
- Annual growth exceeds 8% - excellent performance
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy