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Hamlyn Terrace Suburb Insights
VICLocation Information
Suburb Name
Hamlyn Terrace, VIC
Distance from CBD
19.2 kmDemographics
Population
6,069
Median Income
$29,952
Area Information
Area
5.22 km²
Population Density
1163 people/km²
Property Market
Median Price
$975,041
Annual Growth
+13.2%Property Price Trend Analysis
Current Median Price
$975,041
Annual Growth
+13.2%
Quarterly Growth
+4.4%
Price Trends - Last 6 Months
2024-01
$527,484
+8.5%2024-02
$892,083
+7.6%2024-03
$790,071
+11%2024-04
$1,106,963
+9.5%2024-05
$895,156
+13.5%2024-06
$986,743
+17.5%Property Type Price Analysis
House
Median Price
$1,595,845
Growth Rate
+5.8%Available Listings
258 properties
Apartment
Median Price
$644,446
Growth Rate
+16.3%Available Listings
403 properties
Townhouse
Median Price
$833,443
Growth Rate
+6.1%Available Listings
170 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