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Glendenning Suburb Insights
VICLocation Information
Suburb Name
Glendenning, VIC
Distance from CBD
9.9 kmDemographics
Population
5,131
Median Income
$37,960
Area Information
Area
3.57 km²
Population Density
1437 people/km²
Property Market
Median Price
$1,121,794
Annual Growth
+10.1%Property Price Trend Analysis
Current Median Price
$1,121,794
Annual Growth
+10.1%
Quarterly Growth
+2.8%
Price Trends - Last 6 Months
2024-01
$439,455
+10.8%2024-02
$1,017,574
+7.9%2024-03
$557,491
+8.4%2024-04
$933,390
+15.4%2024-05
$1,138,771
+18%2024-06
$1,223,186
+11.4%Property Type Price Analysis
House
Median Price
$1,492,654
Growth Rate
+14.3%Available Listings
153 properties
Apartment
Median Price
$651,921
Growth Rate
+8.3%Available Listings
596 properties
Townhouse
Median Price
$448,065
Growth Rate
+15.3%Available Listings
105 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