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Horningsea Park Suburb Insights

VIC
Location Information

Suburb Name

Horningsea Park, VIC

Distance from CBD

21.7 km
Demographics

Population

3,729

Median Income

$35,880

Area Information

Area

0.98 km²

Population Density

3805 people/km²

Property Market

Median Price

$565,740

Annual Growth

+6.3%
Property Price Trend Analysis

Current Median Price

$565,740

Annual Growth

+6.3%

Quarterly Growth

+1.1%

Price Trends - Last 6 Months

2024-01

$752,873

+9.9%
2024-02

$928,277

+11%
2024-03

$925,439

+9.4%
2024-04

$906,286

+6%
2024-05

$1,138,249

+16.2%
2024-06

$1,199,319

+20.6%
Property Type Price Analysis
House

Median Price

$1,312,542

Growth Rate

+9.2%

Available Listings

252 properties

Apartment

Median Price

$527,168

Growth Rate

+11.2%

Available Listings

606 properties

Townhouse

Median Price

$836,465

Growth Rate

+7.1%

Available Listings

237 properties

Investment Potential Assessment
Investment Advantages
  • Diverse property types available
Considerations
  • Rising prices may affect affordability
  • Monitor interest rate changes
  • Consider long-term investment strategy