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Kangaroo Point Suburb Insights
VICLocation Information
Suburb Name
Kangaroo Point, VIC
Distance from CBD
10.8 kmDemographics
Population
560
Median Income
$59,852
Area Information
Area
0.27 km²
Population Density
2074 people/km²
Property Market
Median Price
$469,947
Annual Growth
+17.2%Property Price Trend Analysis
Current Median Price
$469,947
Annual Growth
+17.2%
Quarterly Growth
+3.2%
Price Trends - Last 6 Months
2024-01
$601,183
+4.5%2024-02
$828,739
+11.1%2024-03
$618,995
+5.7%2024-04
$1,028,488
+8%2024-05
$722,114
+16.8%2024-06
$699,333
+10.2%Property Type Price Analysis
House
Median Price
$1,328,340
Growth Rate
+6.5%Available Listings
483 properties
Apartment
Median Price
$678,563
Growth Rate
+15.2%Available Listings
726 properties
Townhouse
Median Price
$812,639
Growth Rate
+8.9%Available Listings
82 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