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Mortlake Suburb Insights
VICLocation Information
Suburb Name
Mortlake, VIC
Distance from CBD
20.9 kmDemographics
Population
1,063
Median Income
$56,368
Area Information
Area
0.24 km²
Population Density
4429 people/km²
Property Market
Median Price
$927,377
Annual Growth
+6.4%Property Price Trend Analysis
Current Median Price
$927,377
Annual Growth
+6.4%
Quarterly Growth
+4.2%
Price Trends - Last 6 Months
2024-01
$426,680
+8.1%2024-02
$867,717
+4.8%2024-03
$494,021
+5.7%2024-04
$881,432
+13.6%2024-05
$747,666
+7.7%2024-06
$492,644
+15%Property Type Price Analysis
House
Median Price
$895,225
Growth Rate
+11.6%Available Listings
318 properties
Apartment
Median Price
$525,021
Growth Rate
+12.6%Available Listings
643 properties
Townhouse
Median Price
$916,155
Growth Rate
+7.2%Available Listings
180 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