Back to Suburb Insights
McGraths Hill Suburb Insights
VICLocation Information
Suburb Name
McGraths Hill, VIC
Distance from CBD
7 kmDemographics
Population
2,552
Median Income
$42,328
Area Information
Area
3.09 km²
Population Density
826 people/km²
Property Market
Median Price
$620,130
Annual Growth
+7.1%Property Price Trend Analysis
Current Median Price
$620,130
Annual Growth
+7.1%
Quarterly Growth
+2.4%
Price Trends - Last 6 Months
2024-01
$529,879
+6.1%2024-02
$641,361
+7.5%2024-03
$956,117
+7.8%2024-04
$637,737
+10.5%2024-05
$550,449
+11.4%2024-06
$762,455
+8.3%Property Type Price Analysis
House
Median Price
$896,851
Growth Rate
+14.2%Available Listings
183 properties
Apartment
Median Price
$557,939
Growth Rate
+12.4%Available Listings
750 properties
Townhouse
Median Price
$525,762
Growth Rate
+8.5%Available Listings
165 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