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Girraween Suburb Insights
VICLocation Information
Suburb Name
Girraween, VIC
Distance from CBD
17.2 kmDemographics
Population
5,590
Median Income
$35,152
Area Information
Area
2.32 km²
Population Density
2409 people/km²
Property Market
Median Price
$1,173,950
Annual Growth
+18.4%Property Price Trend Analysis
Current Median Price
$1,173,950
Annual Growth
+18.4%
Quarterly Growth
+3%
Price Trends - Last 6 Months
2024-01
$379,983
+4.8%2024-02
$949,309
+7%2024-03
$1,061,550
+6.3%2024-04
$859,160
+16.1%2024-05
$582,926
+12.5%2024-06
$1,227,027
+16.4%Property Type Price Analysis
House
Median Price
$1,717,302
Growth Rate
+5.5%Available Listings
122 properties
Apartment
Median Price
$676,173
Growth Rate
+7.6%Available Listings
862 properties
Townhouse
Median Price
$891,624
Growth Rate
+15.3%Available Listings
179 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