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Killarney Heights Suburb Insights
VICLocation Information
Suburb Name
Killarney Heights, VIC
Distance from CBD
6.9 kmDemographics
Population
4,469
Median Income
$43,836
Area Information
Area
4.24 km²
Population Density
1054 people/km²
Property Market
Median Price
$613,184
Annual Growth
+18.8%Property Price Trend Analysis
Current Median Price
$613,184
Annual Growth
+18.8%
Quarterly Growth
+2.3%
Price Trends - Last 6 Months
2024-01
$784,466
+7.3%2024-02
$697,690
+6.6%2024-03
$562,614
+14%2024-04
$521,510
+11.8%2024-05
$1,068,421
+7.6%2024-06
$582,967
+20%Property Type Price Analysis
House
Median Price
$1,274,691
Growth Rate
+6.5%Available Listings
148 properties
Apartment
Median Price
$661,172
Growth Rate
+8.6%Available Listings
230 properties
Townhouse
Median Price
$876,619
Growth Rate
+14.6%Available Listings
222 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