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Bardwell Park Suburb Insights
VICLocation Information
Suburb Name
Bardwell Park, VIC
Distance from CBD
8.7 kmDemographics
Population
2,242
Median Income
$40,040
Area Information
Area
0.96 km²
Population Density
2335 people/km²
Property Market
Median Price
$1,183,577
Annual Growth
+6.8%Property Price Trend Analysis
Current Median Price
$1,183,577
Annual Growth
+6.8%
Quarterly Growth
+2.2%
Price Trends - Last 6 Months
2024-01
$445,587
+7.8%2024-02
$609,942
+12.6%2024-03
$756,522
+13.9%2024-04
$583,922
+10.6%2024-05
$913,629
+11.5%2024-06
$1,126,671
+19.2%Property Type Price Analysis
House
Median Price
$1,316,095
Growth Rate
+8%Available Listings
418 properties
Apartment
Median Price
$425,736
Growth Rate
+16.3%Available Listings
848 properties
Townhouse
Median Price
$592,948
Growth Rate
+10%Available Listings
112 properties
Investment Potential Assessment
Investment Advantages
- Strong quarterly growth momentum
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy