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Glenwood Suburb Insights
VICLocation Information
Suburb Name
Glenwood, VIC
Distance from CBD
21.9 kmDemographics
Population
16,130
Median Income
$40,820
Area Information
Area
5.12 km²
Population Density
3150 people/km²
Property Market
Median Price
$461,720
Annual Growth
+6.5%Property Price Trend Analysis
Current Median Price
$461,720
Annual Growth
+6.5%
Quarterly Growth
+3.4%
Price Trends - Last 6 Months
2024-01
$951,464
+7.9%2024-02
$404,621
+7.8%2024-03
$841,464
+12.8%2024-04
$454,561
+10.4%2024-05
$1,109,389
+10.7%2024-06
$1,059,375
+11.3%Property Type Price Analysis
House
Median Price
$1,030,551
Growth Rate
+6%Available Listings
328 properties
Apartment
Median Price
$310,762
Growth Rate
+12.2%Available Listings
308 properties
Townhouse
Median Price
$528,122
Growth Rate
+9.2%Available Listings
253 properties
Investment Potential Assessment
Investment Advantages
- Strong quarterly growth momentum
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy