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Glenbrook Suburb Insights

VIC
Location Information

Suburb Name

Glenbrook, VIC

Distance from CBD

6.2 km
Demographics

Population

5,051

Median Income

$43,992

Area Information

Area

7 km²

Population Density

722 people/km²

Property Market

Median Price

$1,137,639

Annual Growth

+9.5%
Property Price Trend Analysis

Current Median Price

$1,137,639

Annual Growth

+9.5%

Quarterly Growth

+1.9%

Price Trends - Last 6 Months

2024-01

$479,004

+7.4%
2024-02

$690,094

+11%
2024-03

$1,038,365

+5.2%
2024-04

$908,181

+9.7%
2024-05

$777,063

+17.6%
2024-06

$872,951

+10.2%
Property Type Price Analysis
House

Median Price

$1,102,844

Growth Rate

+7.1%

Available Listings

468 properties

Apartment

Median Price

$697,539

Growth Rate

+9.5%

Available Listings

205 properties

Townhouse

Median Price

$873,584

Growth Rate

+16.9%

Available Listings

345 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