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Mannering Park Suburb Insights
VICLocation Information
Suburb Name
Mannering Park, VIC
Distance from CBD
7.7 kmDemographics
Population
2,472
Median Income
$28,964
Area Information
Area
7.13 km²
Population Density
347 people/km²
Property Market
Median Price
$1,017,628
Annual Growth
+18.8%Property Price Trend Analysis
Current Median Price
$1,017,628
Annual Growth
+18.8%
Quarterly Growth
+2.8%
Price Trends - Last 6 Months
2024-01
$436,302
+5%2024-02
$684,165
+6.5%2024-03
$833,527
+10.5%2024-04
$1,120,955
+9.2%2024-05
$914,495
+10.8%2024-06
$991,752
+14.3%Property Type Price Analysis
House
Median Price
$1,465,574
Growth Rate
+8.6%Available Listings
413 properties
Apartment
Median Price
$518,650
Growth Rate
+13.4%Available Listings
252 properties
Townhouse
Median Price
$906,493
Growth Rate
+14.3%Available Listings
308 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