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Loftus Suburb Insights

VIC
Location Information

Suburb Name

Loftus, VIC

Distance from CBD

9.1 km
Demographics

Population

4,135

Median Income

$40,456

Area Information

Area

2.53 km²

Population Density

1634 people/km²

Property Market

Median Price

$1,033,819

Annual Growth

+7.6%
Property Price Trend Analysis

Current Median Price

$1,033,819

Annual Growth

+7.6%

Quarterly Growth

+1.1%

Price Trends - Last 6 Months

2024-01

$736,621

+6%
2024-02

$1,019,103

+8.9%
2024-03

$950,095

+7.9%
2024-04

$636,109

+15.9%
2024-05

$881,211

+13.2%
2024-06

$1,190,450

+12.5%
Property Type Price Analysis
House

Median Price

$1,194,338

Growth Rate

+8.2%

Available Listings

313 properties

Apartment

Median Price

$302,433

Growth Rate

+6.8%

Available Listings

602 properties

Townhouse

Median Price

$595,532

Growth Rate

+9.2%

Available Listings

101 properties

Investment Potential Assessment
Investment Advantages
  • Diverse property types available
Considerations
  • Rising prices may affect affordability
  • Monitor interest rate changes
  • Consider long-term investment strategy