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Kurraba Point Suburb Insights
VICLocation Information
Suburb Name
Kurraba Point, VIC
Distance from CBD
22.6 kmDemographics
Population
1,521
Median Income
$81,744
Area Information
Area
0.24 km²
Population Density
6338 people/km²
Property Market
Median Price
$715,874
Annual Growth
+15.6%Property Price Trend Analysis
Current Median Price
$715,874
Annual Growth
+15.6%
Quarterly Growth
+3.6%
Price Trends - Last 6 Months
2024-01
$569,069
+7.7%2024-02
$568,032
+6%2024-03
$472,191
+11.5%2024-04
$553,559
+6.5%2024-05
$405,490
+10.6%2024-06
$497,753
+10.7%Property Type Price Analysis
House
Median Price
$1,293,107
Growth Rate
+7.6%Available Listings
354 properties
Apartment
Median Price
$590,470
Growth Rate
+14.8%Available Listings
249 properties
Townhouse
Median Price
$506,480
Growth Rate
+14.6%Available Listings
118 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