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Georges Hall Suburb Insights

VIC
Location Information

Suburb Name

Georges Hall, VIC

Distance from CBD

15.1 km
Demographics

Population

9,038

Median Income

$29,640

Area Information

Area

3.32 km²

Population Density

2722 people/km²

Property Market

Median Price

$452,551

Annual Growth

+7.1%
Property Price Trend Analysis

Current Median Price

$452,551

Annual Growth

+7.1%

Quarterly Growth

+4.9%

Price Trends - Last 6 Months

2024-01

$863,104

+5.5%
2024-02

$1,013,715

+6.4%
2024-03

$577,926

+14.1%
2024-04

$514,769

+16.1%
2024-05

$888,415

+18%
2024-06

$964,420

+11.3%
Property Type Price Analysis
House

Median Price

$928,234

Growth Rate

+11.1%

Available Listings

406 properties

Apartment

Median Price

$458,015

Growth Rate

+7.3%

Available Listings

857 properties

Townhouse

Median Price

$645,918

Growth Rate

+10.7%

Available Listings

101 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