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Marsden Park Suburb Insights
VICLocation Information
Suburb Name
Marsden Park, VIC
Distance from CBD
24.4 kmDemographics
Population
1,008
Median Income
$32,500
Area Information
Area
23.35 km²
Population Density
43 people/km²
Property Market
Median Price
$536,172
Annual Growth
+9.1%Property Price Trend Analysis
Current Median Price
$536,172
Annual Growth
+9.1%
Quarterly Growth
+4.3%
Price Trends - Last 6 Months
2024-01
$362,368
+10.1%2024-02
$884,591
+10.5%2024-03
$1,093,520
+6.6%2024-04
$933,732
+9.5%2024-05
$945,901
+11.8%2024-06
$575,902
+14.2%Property Type Price Analysis
House
Median Price
$1,267,141
Growth Rate
+11.5%Available Listings
417 properties
Apartment
Median Price
$510,219
Growth Rate
+9.3%Available Listings
293 properties
Townhouse
Median Price
$456,979
Growth Rate
+13.8%Available Listings
342 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