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Guildford West Suburb Insights
VICLocation Information
Suburb Name
Guildford West, VIC
Distance from CBD
16.6 kmDemographics
Population
4,916
Median Income
$27,924
Area Information
Area
1.61 km²
Population Density
3053 people/km²
Property Market
Median Price
$1,170,536
Annual Growth
+15.4%Property Price Trend Analysis
Current Median Price
$1,170,536
Annual Growth
+15.4%
Quarterly Growth
+4.6%
Price Trends - Last 6 Months
2024-01
$720,005
+3.3%2024-02
$760,036
+7.7%2024-03
$1,067,044
+7.1%2024-04
$1,073,872
+7.6%2024-05
$431,145
+17%2024-06
$442,432
+15.7%Property Type Price Analysis
House
Median Price
$1,002,168
Growth Rate
+14.5%Available Listings
335 properties
Apartment
Median Price
$354,676
Growth Rate
+7.6%Available Listings
559 properties
Townhouse
Median Price
$842,530
Growth Rate
+9%Available Listings
50 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