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Killarney Vale Suburb Insights
VICLocation Information
Suburb Name
Killarney Vale, VIC
Distance from CBD
7 kmDemographics
Population
7,216
Median Income
$30,108
Area Information
Area
3.02 km²
Population Density
2389 people/km²
Property Market
Median Price
$521,775
Annual Growth
+19%Property Price Trend Analysis
Current Median Price
$521,775
Annual Growth
+19%
Quarterly Growth
+4.3%
Price Trends - Last 6 Months
2024-01
$914,071
+9.8%2024-02
$928,161
+9.5%2024-03
$1,069,136
+10.3%2024-04
$720,293
+13.6%2024-05
$1,056,207
+17.6%2024-06
$755,625
+15.4%Property Type Price Analysis
House
Median Price
$1,255,040
Growth Rate
+8.7%Available Listings
293 properties
Apartment
Median Price
$347,618
Growth Rate
+10.5%Available Listings
650 properties
Townhouse
Median Price
$652,880
Growth Rate
+8.2%Available Listings
347 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