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Marsfield Suburb Insights
VICLocation Information
Suburb Name
Marsfield, VIC
Distance from CBD
15.1 kmDemographics
Population
13,297
Median Income
$32,448
Area Information
Area
3.86 km²
Population Density
3445 people/km²
Property Market
Median Price
$1,087,893
Annual Growth
+14.5%Property Price Trend Analysis
Current Median Price
$1,087,893
Annual Growth
+14.5%
Quarterly Growth
+3.9%
Price Trends - Last 6 Months
2024-01
$828,791
+7.4%2024-02
$945,934
+5.3%2024-03
$624,894
+7.4%2024-04
$547,574
+10.9%2024-05
$802,405
+12.9%2024-06
$937,485
+15%Property Type Price Analysis
House
Median Price
$928,174
Growth Rate
+8.1%Available Listings
128 properties
Apartment
Median Price
$533,390
Growth Rate
+14.6%Available Listings
349 properties
Townhouse
Median Price
$764,134
Growth Rate
+16.3%Available Listings
94 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