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Hobartville Suburb Insights
VICLocation Information
Suburb Name
Hobartville, VIC
Distance from CBD
15.3 kmDemographics
Population
2,744
Median Income
$34,632
Area Information
Area
1.09 km²
Population Density
2517 people/km²
Property Market
Median Price
$543,307
Annual Growth
+9.1%Property Price Trend Analysis
Current Median Price
$543,307
Annual Growth
+9.1%
Quarterly Growth
+2.5%
Price Trends - Last 6 Months
2024-01
$800,678
+4.7%2024-02
$402,898
+8.5%2024-03
$808,507
+9.9%2024-04
$710,144
+9%2024-05
$565,711
+16.2%2024-06
$1,226,226
+14.7%Property Type Price Analysis
House
Median Price
$1,320,786
Growth Rate
+5.9%Available Listings
496 properties
Apartment
Median Price
$695,900
Growth Rate
+10.9%Available Listings
512 properties
Townhouse
Median Price
$606,586
Growth Rate
+8.6%Available Listings
198 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