Back to Suburb Insights
Granville Suburb Insights
VICLocation Information
Suburb Name
Granville, VIC
Distance from CBD
13 kmDemographics
Population
15,332
Median Income
$26,208
Area Information
Area
3.33 km²
Population Density
4604 people/km²
Property Market
Median Price
$1,164,339
Annual Growth
+6.3%Property Price Trend Analysis
Current Median Price
$1,164,339
Annual Growth
+6.3%
Quarterly Growth
+2%
Price Trends - Last 6 Months
2024-01
$410,576
+9.7%2024-02
$981,145
+9.9%2024-03
$963,734
+10.5%2024-04
$526,255
+15%2024-05
$988,390
+7.8%2024-06
$1,165,616
+20.4%Property Type Price Analysis
House
Median Price
$1,769,374
Growth Rate
+6.7%Available Listings
410 properties
Apartment
Median Price
$666,308
Growth Rate
+9.6%Available Listings
216 properties
Townhouse
Median Price
$428,864
Growth Rate
+9.6%Available Listings
119 properties
Investment Potential Assessment
Investment Advantages
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy