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Green Point Suburb Insights

VIC
Location Information

Suburb Name

Green Point, VIC

Distance from CBD

12.1 km
Demographics

Population

6,405

Median Income

$31,824

Area Information

Area

8.46 km²

Population Density

757 people/km²

Property Market

Median Price

$600,571

Annual Growth

+18.8%
Property Price Trend Analysis

Current Median Price

$600,571

Annual Growth

+18.8%

Quarterly Growth

+4.8%

Price Trends - Last 6 Months

2024-01

$597,049

+5.6%
2024-02

$771,538

+11.9%
2024-03

$626,378

+5.3%
2024-04

$848,258

+12.1%
2024-05

$1,141,331

+14.9%
2024-06

$1,134,710

+17.1%
Property Type Price Analysis
House

Median Price

$1,309,388

Growth Rate

+8%

Available Listings

420 properties

Apartment

Median Price

$575,418

Growth Rate

+12.3%

Available Listings

501 properties

Townhouse

Median Price

$494,277

Growth Rate

+6.4%

Available Listings

143 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