Back to Suburb Insights
Kogarah Bay Suburb Insights
VICLocation Information
Suburb Name
Kogarah Bay, VIC
Distance from CBD
22.7 kmDemographics
Population
2,022
Median Income
$36,504
Area Information
Area
0.67 km²
Population Density
3018 people/km²
Property Market
Median Price
$794,990
Annual Growth
+9.6%Property Price Trend Analysis
Current Median Price
$794,990
Annual Growth
+9.6%
Quarterly Growth
+2.9%
Price Trends - Last 6 Months
2024-01
$439,459
+8%2024-02
$687,633
+6.6%2024-03
$415,425
+13%2024-04
$548,203
+15.7%2024-05
$691,564
+14%2024-06
$1,024,424
+10%Property Type Price Analysis
House
Median Price
$1,354,050
Growth Rate
+13%Available Listings
339 properties
Apartment
Median Price
$338,485
Growth Rate
+15.6%Available Listings
970 properties
Townhouse
Median Price
$953,630
Growth Rate
+14.8%Available Listings
347 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