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Milperra Suburb Insights
VICLocation Information
Suburb Name
Milperra, VIC
Distance from CBD
19.5 kmDemographics
Population
3,952
Median Income
$36,244
Area Information
Area
5.37 km²
Population Density
736 people/km²
Property Market
Median Price
$764,472
Annual Growth
+15.5%Property Price Trend Analysis
Current Median Price
$764,472
Annual Growth
+15.5%
Quarterly Growth
+1.7%
Price Trends - Last 6 Months
2024-01
$601,316
+5.8%2024-02
$800,750
+12.1%2024-03
$710,989
+12.3%2024-04
$652,046
+14.4%2024-05
$851,302
+13.2%2024-06
$1,222,626
+9.6%Property Type Price Analysis
House
Median Price
$1,296,469
Growth Rate
+7.4%Available Listings
300 properties
Apartment
Median Price
$481,916
Growth Rate
+13.8%Available Listings
366 properties
Townhouse
Median Price
$613,925
Growth Rate
+8.7%Available Listings
327 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