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Horsfield Bay Suburb Insights
VICLocation Information
Suburb Name
Horsfield Bay, VIC
Distance from CBD
19.8 kmDemographics
Population
544
Median Income
$38,064
Area Information
Area
0.42 km²
Population Density
1295 people/km²
Property Market
Median Price
$471,618
Annual Growth
+9.1%Property Price Trend Analysis
Current Median Price
$471,618
Annual Growth
+9.1%
Quarterly Growth
+2.7%
Price Trends - Last 6 Months
2024-01
$1,033,596
+4%2024-02
$818,080
+5.8%2024-03
$1,039,522
+7.1%2024-04
$1,098,236
+15.1%2024-05
$635,734
+17.1%2024-06
$680,970
+20.7%Property Type Price Analysis
House
Median Price
$1,600,547
Growth Rate
+14.8%Available Listings
388 properties
Apartment
Median Price
$547,965
Growth Rate
+6.9%Available Listings
210 properties
Townhouse
Median Price
$706,769
Growth Rate
+8.5%Available Listings
265 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