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Glenwood Suburb Insights

VIC
Location Information

Suburb Name

Glenwood, VIC

Distance from CBD

21.9 km
Demographics

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