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Old Toongabbie Suburb Insights
VICLocation Information
Suburb Name
Old Toongabbie, VIC
Distance from CBD
11.7 kmDemographics
Population
3,133
Median Income
$38,012
Area Information
Area
1.27 km²
Population Density
2467 people/km²
Property Market
Median Price
$809,146
Annual Growth
+19.5%Property Price Trend Analysis
Current Median Price
$809,146
Annual Growth
+19.5%
Quarterly Growth
+1.1%
Price Trends - Last 6 Months
2024-01
$359,231
+8.4%2024-02
$428,577
+11.9%2024-03
$916,848
+9.2%2024-04
$528,989
+17%2024-05
$697,184
+15.1%2024-06
$506,213
+17.3%Property Type Price Analysis
House
Median Price
$1,385,011
Growth Rate
+13.8%Available Listings
439 properties
Apartment
Median Price
$369,968
Growth Rate
+6.3%Available Listings
533 properties
Townhouse
Median Price
$694,931
Growth Rate
+13.9%Available Listings
285 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