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Gordon Suburb Insights
VICLocation Information
Suburb Name
Gordon, VIC
Distance from CBD
19 kmDemographics
Population
7,668
Median Income
$44,564
Area Information
Area
3.79 km²
Population Density
2023 people/km²
Property Market
Median Price
$561,177
Annual Growth
+18.9%Property Price Trend Analysis
Current Median Price
$561,177
Annual Growth
+18.9%
Quarterly Growth
+2.6%
Price Trends - Last 6 Months
2024-01
$748,593
+7.2%2024-02
$544,846
+11.3%2024-03
$741,543
+6.9%2024-04
$717,453
+8.8%2024-05
$661,266
+18.8%2024-06
$1,083,171
+15%Property Type Price Analysis
House
Median Price
$1,665,535
Growth Rate
+14.7%Available Listings
428 properties
Apartment
Median Price
$543,296
Growth Rate
+16.2%Available Listings
739 properties
Townhouse
Median Price
$741,254
Growth Rate
+10.1%Available Listings
68 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