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Kellyville Ridge Suburb Insights

VIC
Location Information

Suburb Name

Kellyville Ridge, VIC

Distance from CBD

21.4 km
Demographics

Population

10,468

Median Income

$51,532

Area Information

Area

2.71 km²

Population Density

3863 people/km²

Property Market

Median Price

$840,435

Annual Growth

+6%
Property Price Trend Analysis

Current Median Price

$840,435

Annual Growth

+6%

Quarterly Growth

+3.6%

Price Trends - Last 6 Months

2024-01

$672,491

+8.7%
2024-02

$372,354

+10%
2024-03

$621,779

+5.8%
2024-04

$466,877

+14.9%
2024-05

$872,700

+15.8%
2024-06

$1,188,925

+9.8%
Property Type Price Analysis
House

Median Price

$1,346,581

Growth Rate

+10.2%

Available Listings

343 properties

Apartment

Median Price

$690,440

Growth Rate

+14.2%

Available Listings

943 properties

Townhouse

Median Price

$471,641

Growth Rate

+8.6%

Available Listings

90 properties

Investment Potential Assessment
Investment Advantages
  • Strong quarterly growth momentum
  • Diverse property types available
Considerations
  • Rising prices may affect affordability
  • Monitor interest rate changes
  • Consider long-term investment strategy