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Leumeah Suburb Insights
VICLocation Information
Suburb Name
Leumeah, VIC
Distance from CBD
19 kmDemographics
Population
9,835
Median Income
$32,292
Area Information
Area
4.06 km²
Population Density
2422 people/km²
Property Market
Median Price
$788,471
Annual Growth
+19.5%Property Price Trend Analysis
Current Median Price
$788,471
Annual Growth
+19.5%
Quarterly Growth
+3.4%
Price Trends - Last 6 Months
2024-01
$472,080
+7.5%2024-02
$834,027
+12.7%2024-03
$1,081,676
+12%2024-04
$408,930
+9.4%2024-05
$1,188,707
+7.5%2024-06
$441,083
+13.1%Property Type Price Analysis
House
Median Price
$1,154,997
Growth Rate
+12%Available Listings
488 properties
Apartment
Median Price
$605,932
Growth Rate
+6.4%Available Listings
891 properties
Townhouse
Median Price
$997,739
Growth Rate
+13%Available Listings
240 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