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Mount Lewis Suburb Insights
VICLocation Information
Suburb Name
Mount Lewis, VIC
Distance from CBD
15.7 kmDemographics
Population
1,195
Median Income
$23,400
Area Information
Area
0.33 km²
Population Density
3621 people/km²
Property Market
Median Price
$1,096,380
Annual Growth
+6.6%Property Price Trend Analysis
Current Median Price
$1,096,380
Annual Growth
+6.6%
Quarterly Growth
+3.4%
Price Trends - Last 6 Months
2024-01
$883,122
+7.6%2024-02
$965,633
+7.3%2024-03
$695,489
+11.4%2024-04
$877,921
+12.4%2024-05
$808,071
+9.1%2024-06
$427,836
+13.2%Property Type Price Analysis
House
Median Price
$1,333,729
Growth Rate
+5.6%Available Listings
318 properties
Apartment
Median Price
$384,393
Growth Rate
+9.8%Available Listings
511 properties
Townhouse
Median Price
$534,312
Growth Rate
+16.9%Available Listings
295 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