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Kirkham Suburb Insights
VICLocation Information
Suburb Name
Kirkham, VIC
Distance from CBD
16.1 kmDemographics
Population
699
Median Income
$48,256
Area Information
Area
4.22 km²
Population Density
166 people/km²
Property Market
Median Price
$756,074
Annual Growth
+19.4%Property Price Trend Analysis
Current Median Price
$756,074
Annual Growth
+19.4%
Quarterly Growth
+1.7%
Price Trends - Last 6 Months
2024-01
$648,265
+3.2%2024-02
$590,454
+11.1%2024-03
$700,739
+9.2%2024-04
$1,060,520
+8.2%2024-05
$843,613
+12.6%2024-06
$505,336
+8.6%Property Type Price Analysis
House
Median Price
$1,706,499
Growth Rate
+12.7%Available Listings
241 properties
Apartment
Median Price
$406,808
Growth Rate
+17.8%Available Listings
383 properties
Townhouse
Median Price
$461,416
Growth Rate
+7.1%Available Listings
254 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