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Acacia Gardens Suburb Insights
VICLocation Information
Suburb Name
Acacia Gardens, VIC
Distance from CBD
24.5 kmDemographics
Population
3,798
Median Income
$47,060
Area Information
Area
1 km²
Population Density
3798 people/km²
Property Market
Median Price
$1,087,079
Annual Growth
+18.2%Property Price Trend Analysis
Current Median Price
$1,087,079
Annual Growth
+18.2%
Quarterly Growth
+4.2%
Price Trends - Last 6 Months
2024-01
$387,242
+7.5%2024-02
$994,566
+7%2024-03
$423,011
+8.7%2024-04
$581,017
+11.1%2024-05
$1,001,005
+9.9%2024-06
$1,194,983
+14.8%Property Type Price Analysis
House
Median Price
$1,437,018
Growth Rate
+14.7%Available Listings
465 properties
Apartment
Median Price
$517,194
Growth Rate
+11.1%Available Listings
398 properties
Townhouse
Median Price
$527,063
Growth Rate
+12.8%Available Listings
171 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