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Matraville Suburb Insights
VICLocation Information
Suburb Name
Matraville, VIC
Distance from CBD
17.4 kmDemographics
Population
9,804
Median Income
$36,452
Area Information
Area
3.93 km²
Population Density
2495 people/km²
Property Market
Median Price
$507,005
Annual Growth
+7.8%Property Price Trend Analysis
Current Median Price
$507,005
Annual Growth
+7.8%
Quarterly Growth
+2.8%
Price Trends - Last 6 Months
2024-01
$395,577
+6.4%2024-02
$543,023
+8.5%2024-03
$722,236
+5%2024-04
$1,076,800
+8%2024-05
$520,006
+16.6%2024-06
$666,890
+19.5%Property Type Price Analysis
House
Median Price
$991,820
Growth Rate
+13.6%Available Listings
153 properties
Apartment
Median Price
$454,958
Growth Rate
+8.2%Available Listings
465 properties
Townhouse
Median Price
$875,955
Growth Rate
+12.7%Available Listings
136 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