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Glenfield Suburb Insights
VICLocation Information
Suburb Name
Glenfield, VIC
Distance from CBD
11.2 kmDemographics
Population
9,633
Median Income
$37,024
Area Information
Area
7 km²
Population Density
1376 people/km²
Property Market
Median Price
$433,657
Annual Growth
+15.9%Property Price Trend Analysis
Current Median Price
$433,657
Annual Growth
+15.9%
Quarterly Growth
+4.4%
Price Trends - Last 6 Months
2024-01
$510,159
+4.1%2024-02
$873,996
+6.5%2024-03
$539,440
+11%2024-04
$391,273
+8%2024-05
$721,209
+7.7%2024-06
$589,431
+9.3%Property Type Price Analysis
House
Median Price
$1,614,910
Growth Rate
+12.4%Available Listings
364 properties
Apartment
Median Price
$489,739
Growth Rate
+16.1%Available Listings
652 properties
Townhouse
Median Price
$858,816
Growth Rate
+9.3%Available Listings
173 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