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Hardys Bay Suburb Insights
VICLocation Information
Suburb Name
Hardys Bay, VIC
Distance from CBD
7.3 kmDemographics
Population
227
Median Income
$35,828
Area Information
Area
0.61 km²
Population Density
372 people/km²
Property Market
Median Price
$783,630
Annual Growth
+18.2%Property Price Trend Analysis
Current Median Price
$783,630
Annual Growth
+18.2%
Quarterly Growth
+2.1%
Price Trends - Last 6 Months
2024-01
$601,032
+6.7%2024-02
$402,903
+11.5%2024-03
$547,360
+5.4%2024-04
$819,465
+16.7%2024-05
$536,342
+15%2024-06
$719,112
+13.4%Property Type Price Analysis
House
Median Price
$1,063,777
Growth Rate
+7.9%Available Listings
121 properties
Apartment
Median Price
$408,279
Growth Rate
+8.9%Available Listings
707 properties
Townhouse
Median Price
$667,591
Growth Rate
+11.6%Available Listings
339 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