Back to Suburb Insights
Lapstone Suburb Insights
VICLocation Information
Suburb Name
Lapstone, VIC
Distance from CBD
20.9 kmDemographics
Population
961
Median Income
$43,524
Area Information
Area
1.4 km²
Population Density
686 people/km²
Property Market
Median Price
$495,083
Annual Growth
+14.2%Property Price Trend Analysis
Current Median Price
$495,083
Annual Growth
+14.2%
Quarterly Growth
+3.5%
Price Trends - Last 6 Months
2024-01
$962,756
+5.6%2024-02
$826,976
+12.3%2024-03
$837,083
+12.5%2024-04
$559,589
+14.9%2024-05
$428,530
+8.6%2024-06
$479,044
+15.7%Property Type Price Analysis
House
Median Price
$1,771,751
Growth Rate
+8.7%Available Listings
480 properties
Apartment
Median Price
$491,230
Growth Rate
+13%Available Listings
894 properties
Townhouse
Median Price
$553,673
Growth Rate
+6.3%Available Listings
290 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