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Bardwell Valley Suburb Insights

VIC
Location Information

Suburb Name

Bardwell Valley, VIC

Distance from CBD

22.7 km
Demographics

Population

2,323

Median Income

$33,540

Area Information

Area

0.63 km²

Population Density

3687 people/km²

Property Market

Median Price

$653,315

Annual Growth

+16.6%
Property Price Trend Analysis

Current Median Price

$653,315

Annual Growth

+16.6%

Quarterly Growth

+5%

Price Trends - Last 6 Months

2024-01

$1,016,922

+7.9%
2024-02

$1,059,421

+9.2%
2024-03

$773,803

+13.3%
2024-04

$947,183

+6.1%
2024-05

$1,038,536

+13.9%
2024-06

$737,963

+17.8%
Property Type Price Analysis
House

Median Price

$1,317,563

Growth Rate

+7.6%

Available Listings

343 properties

Apartment

Median Price

$506,345

Growth Rate

+8.6%

Available Listings

628 properties

Townhouse

Median Price

$792,149

Growth Rate

+6.6%

Available Listings

150 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