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Hinchinbrook Suburb Insights
VICLocation Information
Suburb Name
Hinchinbrook, VIC
Distance from CBD
24.3 kmDemographics
Population
11,222
Median Income
$30,732
Area Information
Area
3.23 km²
Population Density
3474 people/km²
Property Market
Median Price
$844,131
Annual Growth
+15.4%Property Price Trend Analysis
Current Median Price
$844,131
Annual Growth
+15.4%
Quarterly Growth
+4.5%
Price Trends - Last 6 Months
2024-01
$420,595
+5.3%2024-02
$741,493
+12.8%2024-03
$1,074,593
+13.3%2024-04
$896,082
+6.2%2024-05
$458,508
+8.6%2024-06
$544,165
+11.6%Property Type Price Analysis
House
Median Price
$1,141,575
Growth Rate
+14.4%Available Listings
430 properties
Apartment
Median Price
$616,000
Growth Rate
+13.8%Available Listings
398 properties
Townhouse
Median Price
$878,313
Growth Rate
+8.3%Available Listings
139 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