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Macmasters Beach Suburb Insights
VICLocation Information
Suburb Name
Macmasters Beach, VIC
Distance from CBD
21.7 kmDemographics
Population
1,294
Median Income
$37,440
Area Information
Area
5.88 km²
Population Density
220 people/km²
Property Market
Median Price
$938,475
Annual Growth
+8.3%Property Price Trend Analysis
Current Median Price
$938,475
Annual Growth
+8.3%
Quarterly Growth
+1.7%
Price Trends - Last 6 Months
2024-01
$648,386
+3.8%2024-02
$416,583
+8.5%2024-03
$729,010
+12%2024-04
$931,774
+10.8%2024-05
$834,790
+13.6%2024-06
$1,153,421
+18.4%Property Type Price Analysis
House
Median Price
$1,507,090
Growth Rate
+14.2%Available Listings
160 properties
Apartment
Median Price
$442,719
Growth Rate
+9.3%Available Listings
577 properties
Townhouse
Median Price
$986,479
Growth Rate
+15.6%Available Listings
181 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