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Kincumber South Suburb Insights
VICLocation Information
Suburb Name
Kincumber South, VIC
Distance from CBD
5.3 kmDemographics
Population
684
Median Income
$23,972
Area Information
Area
1.27 km²
Population Density
539 people/km²
Property Market
Median Price
$986,931
Annual Growth
+18.9%Property Price Trend Analysis
Current Median Price
$986,931
Annual Growth
+18.9%
Quarterly Growth
+4.9%
Price Trends - Last 6 Months
2024-01
$647,091
+5.2%2024-02
$461,791
+10.8%2024-03
$423,667
+9.5%2024-04
$865,833
+9.5%2024-05
$927,013
+7.6%2024-06
$583,783
+14.1%Property Type Price Analysis
House
Median Price
$1,146,514
Growth Rate
+11.2%Available Listings
141 properties
Apartment
Median Price
$448,510
Growth Rate
+10%Available Listings
515 properties
Townhouse
Median Price
$850,650
Growth Rate
+13.2%Available Listings
313 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