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Long Point Suburb Insights

VIC
Location Information

Suburb Name

Long Point, VIC

Distance from CBD

22.4 km
Demographics

Population

212

Median Income

$33,540

Area Information

Area

2.01 km²

Population Density

105 people/km²

Property Market

Median Price

$559,299

Annual Growth

+5.1%
Property Price Trend Analysis

Current Median Price

$559,299

Annual Growth

+5.1%

Quarterly Growth

+4.6%

Price Trends - Last 6 Months

2024-01

$527,453

+7.8%
2024-02

$367,244

+7.9%
2024-03

$1,012,591

+12%
2024-04

$818,457

+13.2%
2024-05

$868,734

+11.9%
2024-06

$533,262

+13.5%
Property Type Price Analysis
House

Median Price

$1,545,244

Growth Rate

+5.4%

Available Listings

365 properties

Apartment

Median Price

$450,531

Growth Rate

+17%

Available Listings

791 properties

Townhouse

Median Price

$479,902

Growth Rate

+7%

Available Listings

75 properties

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