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Hurstville Grove Suburb Insights

VIC
Location Information

Suburb Name

Hurstville Grove, VIC

Distance from CBD

19.6 km
Demographics

Population

2,663

Median Income

$37,180

Area Information

Area

0.95 km²

Population Density

2803 people/km²

Property Market

Median Price

$482,194

Annual Growth

+10.3%
Property Price Trend Analysis

Current Median Price

$482,194

Annual Growth

+10.3%

Quarterly Growth

+4%

Price Trends - Last 6 Months

2024-01

$720,054

+5.8%
2024-02

$765,291

+8%
2024-03

$946,361

+14.1%
2024-04

$1,030,685

+13.7%
2024-05

$1,192,256

+12.2%
2024-06

$556,401

+18.4%
Property Type Price Analysis
House

Median Price

$1,230,999

Growth Rate

+7.9%

Available Listings

138 properties

Apartment

Median Price

$653,927

Growth Rate

+8.8%

Available Listings

424 properties

Townhouse

Median Price

$967,582

Growth Rate

+7.9%

Available Listings

145 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