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Naremburn Suburb Insights
VICLocation Information
Suburb Name
Naremburn, VIC
Distance from CBD
6.2 kmDemographics
Population
5,884
Median Income
$67,184
Area Information
Area
1.25 km²
Population Density
4707 people/km²
Property Market
Median Price
$1,081,996
Annual Growth
+12.1%Property Price Trend Analysis
Current Median Price
$1,081,996
Annual Growth
+12.1%
Quarterly Growth
+1.7%
Price Trends - Last 6 Months
2024-01
$615,989
+9.5%2024-02
$1,043,545
+8.4%2024-03
$439,416
+11.4%2024-04
$828,641
+14.2%2024-05
$1,184,718
+11.3%2024-06
$950,957
+19.3%Property Type Price Analysis
House
Median Price
$1,699,594
Growth Rate
+9%Available Listings
278 properties
Apartment
Median Price
$698,520
Growth Rate
+13.7%Available Listings
824 properties
Townhouse
Median Price
$906,186
Growth Rate
+12.9%Available Listings
237 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