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Glen Alpine Suburb Insights
VICLocation Information
Suburb Name
Glen Alpine, VIC
Distance from CBD
11.6 kmDemographics
Population
4,559
Median Income
$41,912
Area Information
Area
5.36 km²
Population Density
851 people/km²
Property Market
Median Price
$509,233
Annual Growth
+9.6%Property Price Trend Analysis
Current Median Price
$509,233
Annual Growth
+9.6%
Quarterly Growth
+3.8%
Price Trends - Last 6 Months
2024-01
$596,303
+9.1%2024-02
$767,312
+10.4%2024-03
$617,685
+12%2024-04
$901,858
+9.2%2024-05
$470,060
+12.3%2024-06
$796,968
+10%Property Type Price Analysis
House
Median Price
$1,251,137
Growth Rate
+14.5%Available Listings
231 properties
Apartment
Median Price
$578,777
Growth Rate
+10.1%Available Listings
281 properties
Townhouse
Median Price
$934,843
Growth Rate
+8.3%Available Listings
121 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