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Kearns Suburb Insights

VIC
Location Information

Suburb Name

Kearns, VIC

Distance from CBD

9.2 km
Demographics

Population

2,745

Median Income

$40,092

Area Information

Area

2.36 km²

Population Density

1163 people/km²

Property Market

Median Price

$803,173

Annual Growth

+11%
Property Price Trend Analysis

Current Median Price

$803,173

Annual Growth

+11%

Quarterly Growth

+4.7%

Price Trends - Last 6 Months

2024-01

$821,403

+9.8%
2024-02

$446,891

+11.8%
2024-03

$455,664

+7.9%
2024-04

$420,755

+12.7%
2024-05

$758,052

+13.6%
2024-06

$885,867

+20.9%
Property Type Price Analysis
House

Median Price

$836,505

Growth Rate

+11.4%

Available Listings

338 properties

Apartment

Median Price

$662,011

Growth Rate

+8.6%

Available Listings

576 properties

Townhouse

Median Price

$738,471

Growth Rate

+15.8%

Available Listings

303 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