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Kearns Suburb Insights
VICLocation Information
Suburb Name
Kearns, VIC
Distance from CBD
9.2 kmDemographics
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