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North Willoughby Suburb Insights
VICLocation Information
Suburb Name
North Willoughby, VIC
Distance from CBD
5 kmDemographics
Population
4,172
Median Income
$45,552
Area Information
Area
0.94 km²
Population Density
4438 people/km²
Property Market
Median Price
$658,538
Annual Growth
+7.2%Property Price Trend Analysis
Current Median Price
$658,538
Annual Growth
+7.2%
Quarterly Growth
+3.5%
Price Trends - Last 6 Months
2024-01
$702,108
+3.1%2024-02
$881,680
+6.9%2024-03
$735,352
+10.3%2024-04
$427,958
+6.5%2024-05
$574,680
+15.3%2024-06
$842,732
+10.1%Property Type Price Analysis
House
Median Price
$1,534,512
Growth Rate
+5.8%Available Listings
494 properties
Apartment
Median Price
$671,785
Growth Rate
+10.8%Available Listings
998 properties
Townhouse
Median Price
$708,443
Growth Rate
+12.2%Available Listings
242 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