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Greenwich Suburb Insights
VICLocation Information
Suburb Name
Greenwich, VIC
Distance from CBD
14.3 kmDemographics
Population
5,613
Median Income
$62,660
Area Information
Area
1.66 km²
Population Density
3381 people/km²
Property Market
Median Price
$646,978
Annual Growth
+5.7%Property Price Trend Analysis
Current Median Price
$646,978
Annual Growth
+5.7%
Quarterly Growth
+1.7%
Price Trends - Last 6 Months
2024-01
$448,239
+8.4%2024-02
$600,860
+7.4%2024-03
$907,630
+7.1%2024-04
$993,524
+8.8%2024-05
$754,119
+7.5%2024-06
$991,281
+14%Property Type Price Analysis
House
Median Price
$1,534,450
Growth Rate
+6.1%Available Listings
160 properties
Apartment
Median Price
$515,872
Growth Rate
+8.8%Available Listings
896 properties
Townhouse
Median Price
$799,270
Growth Rate
+16.9%Available Listings
109 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