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Gledswood Hills Suburb Insights
VICLocation Information
Suburb Name
Gledswood Hills, VIC
Distance from CBD
15.4 kmDemographics
Population
22
Median Income
$14,248
Area Information
Area
4.07 km²
Population Density
5 people/km²
Property Market
Median Price
$1,050,862
Annual Growth
+18.2%Property Price Trend Analysis
Current Median Price
$1,050,862
Annual Growth
+18.2%
Quarterly Growth
+4.7%
Price Trends - Last 6 Months
2024-01
$736,353
+6.2%2024-02
$670,028
+4.3%2024-03
$383,580
+8.7%2024-04
$412,261
+13.5%2024-05
$1,031,072
+14.8%2024-06
$596,600
+9.9%Property Type Price Analysis
House
Median Price
$1,082,634
Growth Rate
+8.8%Available Listings
384 properties
Apartment
Median Price
$422,308
Growth Rate
+13.8%Available Listings
612 properties
Townhouse
Median Price
$499,173
Growth Rate
+10.1%Available Listings
176 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