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Kariong Suburb Insights
VICLocation Information
Suburb Name
Kariong, VIC
Distance from CBD
14.6 kmDemographics
Population
6,385
Median Income
$36,556
Area Information
Area
25.79 km²
Population Density
248 people/km²
Property Market
Median Price
$420,680
Annual Growth
+15.3%Property Price Trend Analysis
Current Median Price
$420,680
Annual Growth
+15.3%
Quarterly Growth
+4.2%
Price Trends - Last 6 Months
2024-01
$498,050
+9%2024-02
$801,249
+4.2%2024-03
$882,252
+8.3%2024-04
$1,016,503
+12.6%2024-05
$1,014,614
+17.8%2024-06
$1,062,823
+17.1%Property Type Price Analysis
House
Median Price
$1,539,725
Growth Rate
+6.9%Available Listings
204 properties
Apartment
Median Price
$481,947
Growth Rate
+14.5%Available Listings
226 properties
Townhouse
Median Price
$722,871
Growth Rate
+8.8%Available Listings
197 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