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Mount Annan Suburb Insights
VICLocation Information
Suburb Name
Mount Annan, VIC
Distance from CBD
14.6 kmDemographics
Population
11,703
Median Income
$43,680
Area Information
Area
10.23 km²
Population Density
1144 people/km²
Property Market
Median Price
$675,837
Annual Growth
+10.4%Property Price Trend Analysis
Current Median Price
$675,837
Annual Growth
+10.4%
Quarterly Growth
+2.4%
Price Trends - Last 6 Months
2024-01
$1,004,703
+5.5%2024-02
$808,738
+10.4%2024-03
$1,121,307
+12.7%2024-04
$858,679
+13.7%2024-05
$562,096
+10%2024-06
$801,984
+19.9%Property Type Price Analysis
House
Median Price
$1,721,821
Growth Rate
+7.4%Available Listings
471 properties
Apartment
Median Price
$597,436
Growth Rate
+18%Available Listings
720 properties
Townhouse
Median Price
$965,915
Growth Rate
+15.2%Available Listings
281 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