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Meadowbank Suburb Insights
VICLocation Information
Suburb Name
Meadowbank, VIC
Distance from CBD
16 kmDemographics
Population
4,408
Median Income
$49,140
Area Information
Area
0.69 km²
Population Density
6388 people/km²
Property Market
Median Price
$541,387
Annual Growth
+17.7%Property Price Trend Analysis
Current Median Price
$541,387
Annual Growth
+17.7%
Quarterly Growth
+1.2%
Price Trends - Last 6 Months
2024-01
$895,377
+6.8%2024-02
$580,041
+5.2%2024-03
$635,699
+14.3%2024-04
$425,653
+17%2024-05
$826,404
+8.9%2024-06
$438,120
+14.8%Property Type Price Analysis
House
Median Price
$1,074,687
Growth Rate
+9%Available Listings
460 properties
Apartment
Median Price
$625,383
Growth Rate
+8.1%Available Listings
229 properties
Townhouse
Median Price
$598,346
Growth Rate
+6%Available Listings
183 properties
Investment Potential Assessment
Investment Advantages
- Annual growth exceeds 8% - excellent performance
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy