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Horningsea Park Suburb Insights
VICLocation Information
Suburb Name
Horningsea Park, VIC
Distance from CBD
21.7 kmDemographics
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