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Kirrawee Suburb Insights
VICLocation Information
Suburb Name
Kirrawee, VIC
Distance from CBD
8.3 kmDemographics
Population
9,278
Median Income
$39,052
Area Information
Area
3.55 km²
Population Density
2614 people/km²
Property Market
Median Price
$929,860
Annual Growth
+14.8%Property Price Trend Analysis
Current Median Price
$929,860
Annual Growth
+14.8%
Quarterly Growth
+2.3%
Price Trends - Last 6 Months
2024-01
$454,142
+6.7%2024-02
$831,349
+5%2024-03
$1,127,869
+8.5%2024-04
$418,235
+13.5%2024-05
$851,457
+8%2024-06
$821,113
+17.2%Property Type Price Analysis
House
Median Price
$1,794,461
Growth Rate
+11.3%Available Listings
240 properties
Apartment
Median Price
$430,242
Growth Rate
+8.3%Available Listings
712 properties
Townhouse
Median Price
$448,249
Growth Rate
+10.1%Available Listings
83 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