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Bensville Suburb Insights
VICLocation Information
Suburb Name
Bensville, VIC
Distance from CBD
13.4 kmDemographics
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