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Hornsby Heights Suburb Insights
VICLocation Information
Suburb Name
Hornsby Heights, VIC
Distance from CBD
20.1 kmDemographics
Population
6,305
Median Income
$43,576
Area Information
Area
10.22 km²
Population Density
617 people/km²
Property Market
Median Price
$1,016,685
Annual Growth
+19.3%Property Price Trend Analysis
Current Median Price
$1,016,685
Annual Growth
+19.3%
Quarterly Growth
+4.7%
Price Trends - Last 6 Months
2024-01
$995,192
+10.2%2024-02
$642,177
+11.7%2024-03
$641,875
+14%2024-04
$1,117,795
+15.5%2024-05
$1,079,039
+9.8%2024-06
$708,423
+19.4%Property Type Price Analysis
House
Median Price
$911,987
Growth Rate
+10%Available Listings
121 properties
Apartment
Median Price
$302,059
Growth Rate
+14.2%Available Listings
617 properties
Townhouse
Median Price
$807,445
Growth Rate
+12.2%Available Listings
251 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