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Kings Langley Suburb Insights
VICLocation Information
Suburb Name
Kings Langley, VIC
Distance from CBD
10 kmDemographics
Population
9,353
Median Income
$42,900
Area Information
Area
3.67 km²
Population Density
2549 people/km²
Property Market
Median Price
$1,171,362
Annual Growth
+12.8%Property Price Trend Analysis
Current Median Price
$1,171,362
Annual Growth
+12.8%
Quarterly Growth
+4.3%
Price Trends - Last 6 Months
2024-01
$881,623
+4.2%2024-02
$612,499
+9.1%2024-03
$1,100,601
+12.5%2024-04
$760,086
+10.4%2024-05
$478,357
+14.7%2024-06
$839,078
+17.5%Property Type Price Analysis
House
Median Price
$1,275,562
Growth Rate
+6.1%Available Listings
358 properties
Apartment
Median Price
$361,552
Growth Rate
+7%Available Listings
408 properties
Townhouse
Median Price
$969,665
Growth Rate
+7.6%Available Listings
96 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