Homewise logoHomewise
Back to Suburb Insights

Kincumber South Suburb Insights

VIC
Location Information

Suburb Name

Kincumber South, VIC

Distance from CBD

5.3 km
Demographics

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