Back to Suburb Insights
Kingsgrove Suburb Insights
VICLocation Information
Suburb Name
Kingsgrove, VIC
Distance from CBD
22.9 kmDemographics
Population
12,446
Median Income
$30,576
Area Information
Area
4.49 km²
Population Density
2772 people/km²
Property Market
Median Price
$1,174,205
Annual Growth
+9.5%Property Price Trend Analysis
Current Median Price
$1,174,205
Annual Growth
+9.5%
Quarterly Growth
+4.4%
Price Trends - Last 6 Months
2024-01
$573,615
+7.1%2024-02
$420,521
+9.4%2024-03
$762,358
+8.2%2024-04
$562,911
+12.6%2024-05
$657,911
+17.7%2024-06
$648,418
+16%Property Type Price Analysis
House
Median Price
$934,353
Growth Rate
+10.2%Available Listings
223 properties
Apartment
Median Price
$389,462
Growth Rate
+12.1%Available Listings
896 properties
Townhouse
Median Price
$500,500
Growth Rate
+15.6%Available Listings
309 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