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Lake Haven Suburb Insights
VICLocation Information
Suburb Name
Lake Haven, VIC
Distance from CBD
7.8 kmDemographics
Population
3,578
Median Income
$25,272
Area Information
Area
1.72 km²
Population Density
2080 people/km²
Property Market
Median Price
$664,097
Annual Growth
+17.6%Property Price Trend Analysis
Current Median Price
$664,097
Annual Growth
+17.6%
Quarterly Growth
+3.2%
Price Trends - Last 6 Months
2024-01
$1,045,871
+8%2024-02
$658,410
+8.4%2024-03
$1,010,366
+12%2024-04
$502,440
+13.8%2024-05
$596,835
+12.3%2024-06
$1,156,841
+14.5%Property Type Price Analysis
House
Median Price
$1,683,981
Growth Rate
+5.2%Available Listings
486 properties
Apartment
Median Price
$477,718
Growth Rate
+7.3%Available Listings
605 properties
Townhouse
Median Price
$927,766
Growth Rate
+7.5%Available Listings
256 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