Homewise logoHomewise
Back to Suburb Insights

Frenchs Forest Suburb Insights

VIC
Location Information

Suburb Name

Frenchs Forest, VIC

Distance from CBD

14.9 km
Demographics

Population

13,473

Median Income

$44,876

Area Information

Area

8.64 km²

Population Density

1559 people/km²

Property Market

Median Price

$652,807

Annual Growth

+6.1%
Property Price Trend Analysis

Current Median Price

$652,807

Annual Growth

+6.1%

Quarterly Growth

+4.9%

Price Trends - Last 6 Months

2024-01

$834,454

+9.5%
2024-02

$1,021,649

+7.5%
2024-03

$531,669

+14.9%
2024-04

$720,341

+7.1%
2024-05

$664,609

+13.2%
2024-06

$972,340

+20.4%
Property Type Price Analysis
House

Median Price

$1,011,934

Growth Rate

+12.5%

Available Listings

204 properties

Apartment

Median Price

$381,591

Growth Rate

+13.8%

Available Listings

737 properties

Townhouse

Median Price

$757,414

Growth Rate

+15.9%

Available Listings

186 properties

Investment Potential Assessment
Investment Advantages
  • Strong quarterly growth momentum
  • Diverse property types available
Considerations
  • Rising prices may affect affordability
  • Monitor interest rate changes
  • Consider long-term investment strategy