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Milsons Point Suburb Insights
VICLocation Information
Suburb Name
Milsons Point, VIC
Distance from CBD
6.8 kmDemographics
Population
2,158
Median Income
$87,360
Area Information
Area
0.2 km²
Population Density
10790 people/km²
Property Market
Median Price
$848,257
Annual Growth
+8.9%Property Price Trend Analysis
Current Median Price
$848,257
Annual Growth
+8.9%
Quarterly Growth
+4.1%
Price Trends - Last 6 Months
2024-01
$391,215
+5.8%2024-02
$540,395
+8.1%2024-03
$989,116
+13%2024-04
$720,215
+11.4%2024-05
$1,091,754
+11%2024-06
$451,576
+9.3%Property Type Price Analysis
House
Median Price
$1,357,548
Growth Rate
+11%Available Listings
130 properties
Apartment
Median Price
$611,498
Growth Rate
+9.9%Available Listings
229 properties
Townhouse
Median Price
$495,168
Growth Rate
+7.4%Available Listings
224 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