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Mount Pritchard Suburb Insights

VIC
Location Information

Suburb Name

Mount Pritchard, VIC

Distance from CBD

20.8 km
Demographics

Population

9,955

Median Income

$24,128

Area Information

Area

3.09 km²

Population Density

3222 people/km²

Property Market

Median Price

$1,021,000

Annual Growth

+7.2%
Property Price Trend Analysis

Current Median Price

$1,021,000

Annual Growth

+7.2%

Quarterly Growth

+3.7%

Price Trends - Last 6 Months

2024-01

$979,892

+5.8%
2024-02

$686,794

+9.2%
2024-03

$454,824

+7.3%
2024-04

$1,022,249

+16.4%
2024-05

$547,592

+15.7%
2024-06

$896,183

+11.3%
Property Type Price Analysis
House

Median Price

$899,115

Growth Rate

+10.6%

Available Listings

388 properties

Apartment

Median Price

$670,049

Growth Rate

+6.1%

Available Listings

451 properties

Townhouse

Median Price

$916,976

Growth Rate

+11.9%

Available Listings

278 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