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Jordan Springs Suburb Insights
VICLocation Information
Suburb Name
Jordan Springs, VIC
Distance from CBD
22 kmDemographics
Population
5,156
Median Income
$50,076
Area Information
Area
3.98 km²
Population Density
1295 people/km²
Property Market
Median Price
$936,712
Annual Growth
+11.2%Property Price Trend Analysis
Current Median Price
$936,712
Annual Growth
+11.2%
Quarterly Growth
+1.5%
Price Trends - Last 6 Months
2024-01
$428,964
+10.5%2024-02
$581,395
+11.8%2024-03
$794,958
+8.9%2024-04
$956,830
+6.2%2024-05
$958,898
+13.4%2024-06
$580,504
+16.7%Property Type Price Analysis
House
Median Price
$1,748,935
Growth Rate
+9.3%Available Listings
429 properties
Apartment
Median Price
$605,106
Growth Rate
+16.5%Available Listings
649 properties
Townhouse
Median Price
$979,202
Growth Rate
+16.2%Available Listings
237 properties
Investment Potential Assessment
Investment Advantages
- Annual growth exceeds 8% - excellent performance
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy