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Kings Langley Suburb Insights

VIC
Location Information

Suburb Name

Kings Langley, VIC

Distance from CBD

10 km
Demographics

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