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Green Point Suburb Insights
VICLocation Information
Suburb Name
Green Point, VIC
Distance from CBD
12.1 kmDemographics
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