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Freshwater Suburb Insights

VIC
Location Information

Suburb Name

Freshwater, VIC

Distance from CBD

5.9 km
Demographics

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