Back to Suburb Insights
Little Bay Suburb Insights
VICLocation Information
Suburb Name
Little Bay, VIC
Distance from CBD
13.5 kmDemographics
Population
4,477
Median Income
$48,360
Area Information
Area
2.46 km²
Population Density
1820 people/km²
Property Market
Median Price
$494,159
Annual Growth
+12.2%Property Price Trend Analysis
Current Median Price
$494,159
Annual Growth
+12.2%
Quarterly Growth
+3.7%
Price Trends - Last 6 Months
2024-01
$649,835
+7.8%2024-02
$917,456
+12%2024-03
$442,681
+10.7%2024-04
$464,196
+13.7%2024-05
$1,048,959
+10.6%2024-06
$1,081,330
+17.8%Property Type Price Analysis
House
Median Price
$1,469,691
Growth Rate
+7.2%Available Listings
404 properties
Apartment
Median Price
$524,104
Growth Rate
+16.2%Available Listings
401 properties
Townhouse
Median Price
$623,465
Growth Rate
+14%Available Listings
304 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