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Liberty Grove Suburb Insights

VIC
Location Information

Suburb Name

Liberty Grove, VIC

Distance from CBD

19.7 km
Demographics

Population

2,254

Median Income

$47,944

Area Information

Area

0.23 km²

Population Density

9800 people/km²

Property Market

Median Price

$404,920

Annual Growth

+17.3%
Property Price Trend Analysis

Current Median Price

$404,920

Annual Growth

+17.3%

Quarterly Growth

+1%

Price Trends - Last 6 Months

2024-01

$739,344

+10.1%
2024-02

$757,414

+10.8%
2024-03

$842,099

+7.6%
2024-04

$856,866

+13.5%
2024-05

$744,695

+7.2%
2024-06

$1,220,962

+18%
Property Type Price Analysis
House

Median Price

$931,256

Growth Rate

+9.3%

Available Listings

472 properties

Apartment

Median Price

$636,482

Growth Rate

+11.9%

Available Listings

310 properties

Townhouse

Median Price

$506,442

Growth Rate

+14.5%

Available Listings

66 properties

Investment Potential Assessment
Investment Advantages
  • Annual growth exceeds 8% - excellent performance
  • Diverse property types available
Considerations
  • Rising prices may affect affordability
  • Monitor interest rate changes
  • Consider long-term investment strategy