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Oran Park Suburb Insights
VICLocation Information
Suburb Name
Oran Park, VIC
Distance from CBD
16.3 kmDemographics
Population
4,765
Median Income
$50,336
Area Information
Area
13.74 km²
Population Density
347 people/km²
Property Market
Median Price
$930,909
Annual Growth
+9.7%Property Price Trend Analysis
Current Median Price
$930,909
Annual Growth
+9.7%
Quarterly Growth
+2%
Price Trends - Last 6 Months
2024-01
$565,467
+8.4%2024-02
$674,483
+9.3%2024-03
$780,742
+12.3%2024-04
$477,169
+11.1%2024-05
$408,373
+16%2024-06
$594,953
+8.6%Property Type Price Analysis
House
Median Price
$1,145,763
Growth Rate
+14.5%Available Listings
495 properties
Apartment
Median Price
$462,048
Growth Rate
+13.8%Available Listings
734 properties
Townhouse
Median Price
$672,945
Growth Rate
+7.3%Available Listings
304 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