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Bensville Suburb Insights

VIC
Location Information

Suburb Name

Bensville, VIC

Distance from CBD

13.4 km
Demographics

Population

2,545

Median Income

$36,764

Area Information

Area

4.93 km²

Population Density

516 people/km²

Property Market

Median Price

$814,000

Annual Growth

+5%
Property Price Trend Analysis

Current Median Price

$814,000

Annual Growth

+5%

Quarterly Growth

+3.3%

Price Trends - Last 6 Months

2024-01

$924,026

+6.7%
2024-02

$674,159

+4.7%
2024-03

$817,342

+6.3%
2024-04

$429,199

+15.9%
2024-05

$666,437

+13.7%
2024-06

$833,048

+8.6%
Property Type Price Analysis
House

Median Price

$1,153,729

Growth Rate

+13.8%

Available Listings

358 properties

Apartment

Median Price

$404,468

Growth Rate

+15.4%

Available Listings

617 properties

Townhouse

Median Price

$452,699

Growth Rate

+13.9%

Available Listings

141 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