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Freshwater Suburb Insights
VICLocation Information
Suburb Name
Freshwater, VIC
Distance from CBD
5.9 kmDemographics
Population
8,866
Median Income
$57,044
Area Information
Area
1.78 km²
Population Density
4981 people/km²
Property Market
Median Price
$1,079,384
Annual Growth
+12.3%Property Price Trend Analysis
Current Median Price
$1,079,384
Annual Growth
+12.3%
Quarterly Growth
+1.9%
Price Trends - Last 6 Months
2024-01
$545,854
+9.6%2024-02
$544,229
+8.4%2024-03
$748,570
+6.1%2024-04
$398,924
+7.4%2024-05
$646,113
+12.6%2024-06
$603,211
+18%Property Type Price Analysis
House
Median Price
$1,185,154
Growth Rate
+14.5%Available Listings
213 properties
Apartment
Median Price
$459,116
Growth Rate
+12.4%Available Listings
378 properties
Townhouse
Median Price
$698,217
Growth Rate
+14%Available Listings
154 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