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Kyle Bay Suburb Insights
VICLocation Information
Suburb Name
Kyle Bay, VIC
Distance from CBD
9.9 kmDemographics
Population
1,035
Median Income
$47,528
Area Information
Area
0.37 km²
Population Density
2797 people/km²
Property Market
Median Price
$1,149,664
Annual Growth
+12.9%Property Price Trend Analysis
Current Median Price
$1,149,664
Annual Growth
+12.9%
Quarterly Growth
+4%
Price Trends - Last 6 Months
2024-01
$901,063
+5%2024-02
$947,359
+9.3%2024-03
$507,160
+12.9%2024-04
$497,094
+9.1%2024-05
$1,095,994
+16.7%2024-06
$753,103
+11.6%Property Type Price Analysis
House
Median Price
$1,551,752
Growth Rate
+11.3%Available Listings
469 properties
Apartment
Median Price
$335,152
Growth Rate
+7.4%Available Listings
596 properties
Townhouse
Median Price
$992,193
Growth Rate
+7.1%Available Listings
191 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