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Forresters Beach Suburb Insights
VICLocation Information
Suburb Name
Forresters Beach, VIC
Distance from CBD
9.9 kmDemographics
Population
2,900
Median Income
$35,932
Area Information
Area
2.77 km²
Population Density
1047 people/km²
Property Market
Median Price
$708,754
Annual Growth
+9.4%Property Price Trend Analysis
Current Median Price
$708,754
Annual Growth
+9.4%
Quarterly Growth
+2.3%
Price Trends - Last 6 Months
2024-01
$543,087
+4.6%2024-02
$936,079
+5.1%2024-03
$1,095,252
+5.7%2024-04
$907,139
+10.5%2024-05
$763,750
+19%2024-06
$731,411
+14.6%Property Type Price Analysis
House
Median Price
$1,195,416
Growth Rate
+12.7%Available Listings
182 properties
Apartment
Median Price
$379,889
Growth Rate
+13.4%Available Listings
666 properties
Townhouse
Median Price
$459,265
Growth Rate
+8.9%Available Listings
237 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