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Harrington Park Suburb Insights
VICLocation Information
Suburb Name
Harrington Park, VIC
Distance from CBD
7.4 kmDemographics
Population
10,663
Median Income
$44,668
Area Information
Area
8 km²
Population Density
1333 people/km²
Property Market
Median Price
$1,169,823
Annual Growth
+19.4%Property Price Trend Analysis
Current Median Price
$1,169,823
Annual Growth
+19.4%
Quarterly Growth
+1.2%
Price Trends - Last 6 Months
2024-01
$497,832
+8.2%2024-02
$828,032
+7.1%2024-03
$688,522
+8%2024-04
$870,708
+8.7%2024-05
$1,079,671
+18.9%2024-06
$785,534
+14.2%Property Type Price Analysis
House
Median Price
$1,189,045
Growth Rate
+9.5%Available Listings
206 properties
Apartment
Median Price
$447,441
Growth Rate
+14.6%Available Listings
424 properties
Townhouse
Median Price
$997,222
Growth Rate
+16%Available Listings
340 properties
Investment Potential Assessment
Investment Advantages
- Annual growth exceeds 8% - excellent performance
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy