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Marayong Suburb Insights
VICLocation Information
Suburb Name
Marayong, VIC
Distance from CBD
11.6 kmDemographics
Population
7,706
Median Income
$30,992
Area Information
Area
2.72 km²
Population Density
2833 people/km²
Property Market
Median Price
$936,999
Annual Growth
+5.4%Property Price Trend Analysis
Current Median Price
$936,999
Annual Growth
+5.4%
Quarterly Growth
+3.1%
Price Trends - Last 6 Months
2024-01
$874,281
+6.1%2024-02
$916,191
+4.4%2024-03
$914,128
+13.1%2024-04
$407,849
+9.2%2024-05
$493,436
+8.3%2024-06
$919,779
+12.2%Property Type Price Analysis
House
Median Price
$1,258,526
Growth Rate
+8.3%Available Listings
344 properties
Apartment
Median Price
$404,440
Growth Rate
+15.9%Available Listings
429 properties
Townhouse
Median Price
$927,466
Growth Rate
+7%Available Listings
52 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