Homewise logoHomewise
Back to Suburb Insights

Minto Suburb Insights

VIC
Location Information

Suburb Name

Minto, VIC

Distance from CBD

9.2 km
Demographics

Population

12,551

Median Income

$29,276

Area Information

Area

9.57 km²

Population Density

1311 people/km²

Property Market

Median Price

$807,391

Annual Growth

+16.5%
Property Price Trend Analysis

Current Median Price

$807,391

Annual Growth

+16.5%

Quarterly Growth

+1.4%

Price Trends - Last 6 Months

2024-01

$433,284

+8.4%
2024-02

$647,316

+7.6%
2024-03

$394,296

+7.9%
2024-04

$413,839

+15.7%
2024-05

$571,623

+16.6%
2024-06

$609,737

+18.7%
Property Type Price Analysis
House

Median Price

$910,417

Growth Rate

+9.2%

Available Listings

234 properties

Apartment

Median Price

$452,254

Growth Rate

+15.4%

Available Listings

301 properties

Townhouse

Median Price

$468,516

Growth Rate

+7%

Available Listings

109 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