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Grays Point Suburb Insights
VICLocation Information
Suburb Name
Grays Point, VIC
Distance from CBD
22.1 kmDemographics
Population
3,125
Median Income
$47,268
Area Information
Area
1.32 km²
Population Density
2367 people/km²
Property Market
Median Price
$412,787
Annual Growth
+6.7%Property Price Trend Analysis
Current Median Price
$412,787
Annual Growth
+6.7%
Quarterly Growth
+3.6%
Price Trends - Last 6 Months
2024-01
$379,207
+5.5%2024-02
$628,994
+4.3%2024-03
$879,703
+11.8%2024-04
$960,080
+15%2024-05
$735,112
+16.8%2024-06
$719,733
+12.5%Property Type Price Analysis
House
Median Price
$1,035,121
Growth Rate
+12.1%Available Listings
273 properties
Apartment
Median Price
$542,425
Growth Rate
+15.5%Available Listings
964 properties
Townhouse
Median Price
$838,874
Growth Rate
+6.3%Available Listings
56 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