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Bass Hill Suburb Insights
VICLocation Information
Suburb Name
Bass Hill, VIC
Distance from CBD
24.8 kmDemographics
Population
9,069
Median Income
$24,388
Area Information
Area
2.93 km²
Population Density
3095 people/km²
Property Market
Median Price
$745,317
Annual Growth
+14.1%Property Price Trend Analysis
Current Median Price
$745,317
Annual Growth
+14.1%
Quarterly Growth
+1.9%
Price Trends - Last 6 Months
2024-01
$620,733
+9.6%2024-02
$909,652
+10.4%2024-03
$546,085
+10.5%2024-04
$981,870
+14.9%2024-05
$1,149,215
+13.8%2024-06
$708,641
+15.2%Property Type Price Analysis
House
Median Price
$1,624,553
Growth Rate
+11.1%Available Listings
366 properties
Apartment
Median Price
$481,902
Growth Rate
+9.8%Available Listings
440 properties
Townhouse
Median Price
$726,342
Growth Rate
+7.4%Available Listings
270 properties
Investment Potential Assessment
Investment Advantages
- Annual growth exceeds 8% - excellent performance
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy