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Lethbridge Park Suburb Insights
VICLocation Information
Suburb Name
Lethbridge Park, VIC
Distance from CBD
17.2 kmDemographics
Population
4,752
Median Income
$24,596
Area Information
Area
1.62 km²
Population Density
2933 people/km²
Property Market
Median Price
$718,893
Annual Growth
+17.5%Property Price Trend Analysis
Current Median Price
$718,893
Annual Growth
+17.5%
Quarterly Growth
+3.3%
Price Trends - Last 6 Months
2024-01
$916,046
+7.6%2024-02
$930,199
+5.8%2024-03
$1,046,531
+12.3%2024-04
$826,773
+10.8%2024-05
$407,024
+11.1%2024-06
$601,482
+15.4%Property Type Price Analysis
House
Median Price
$880,658
Growth Rate
+14.5%Available Listings
128 properties
Apartment
Median Price
$439,458
Growth Rate
+17.4%Available Listings
759 properties
Townhouse
Median Price
$832,935
Growth Rate
+12.4%Available Listings
98 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