Back to Suburb Insights
Greenhills Beach Suburb Insights
VICLocation Information
Suburb Name
Greenhills Beach, VIC
Distance from CBD
18.5 kmDemographics
Population
792
Median Income
$59,592
Area Information
Area
0.54 km²
Population Density
1467 people/km²
Property Market
Median Price
$617,336
Annual Growth
+8.8%Property Price Trend Analysis
Current Median Price
$617,336
Annual Growth
+8.8%
Quarterly Growth
+4.3%
Price Trends - Last 6 Months
2024-01
$760,167
+5.1%2024-02
$893,556
+7.6%2024-03
$840,737
+7.8%2024-04
$1,168,533
+12%2024-05
$1,102,359
+13.8%2024-06
$426,159
+9.9%Property Type Price Analysis
House
Median Price
$1,056,612
Growth Rate
+5.1%Available Listings
302 properties
Apartment
Median Price
$637,848
Growth Rate
+13.6%Available Listings
891 properties
Townhouse
Median Price
$504,776
Growth Rate
+6%Available Listings
295 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