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Lilli Pilli Suburb Insights

VIC
Location Information

Suburb Name

Lilli Pilli, VIC

Distance from CBD

16.4 km
Demographics

Population

1,390

Median Income

$51,636

Area Information

Area

0.61 km²

Population Density

2279 people/km²

Property Market

Median Price

$678,925

Annual Growth

+11.3%
Property Price Trend Analysis

Current Median Price

$678,925

Annual Growth

+11.3%

Quarterly Growth

+2.3%

Price Trends - Last 6 Months

2024-01

$384,573

+8.8%
2024-02

$543,410

+11.8%
2024-03

$698,905

+13.8%
2024-04

$653,671

+12.2%
2024-05

$661,219

+8.1%
2024-06

$540,461

+8.9%
Property Type Price Analysis
House

Median Price

$1,254,012

Growth Rate

+6.9%

Available Listings

404 properties

Apartment

Median Price

$538,934

Growth Rate

+11.3%

Available Listings

730 properties

Townhouse

Median Price

$671,342

Growth Rate

+13.3%

Available Listings

294 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