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Oyster Bay Suburb Insights
VICLocation Information
Suburb Name
Oyster Bay, VIC
Distance from CBD
14.7 kmDemographics
Population
5,488
Median Income
$47,736
Area Information
Area
2.1 km²
Population Density
2613 people/km²
Property Market
Median Price
$835,655
Annual Growth
+14.9%Property Price Trend Analysis
Current Median Price
$835,655
Annual Growth
+14.9%
Quarterly Growth
+3.5%
Price Trends - Last 6 Months
2024-01
$536,288
+4.9%2024-02
$862,587
+9.2%2024-03
$597,982
+8.2%2024-04
$400,569
+7.5%2024-05
$1,047,142
+17.6%2024-06
$814,061
+17.2%Property Type Price Analysis
House
Median Price
$1,614,804
Growth Rate
+13.9%Available Listings
310 properties
Apartment
Median Price
$307,672
Growth Rate
+6.6%Available Listings
948 properties
Townhouse
Median Price
$573,150
Growth Rate
+12.9%Available Listings
169 properties
Investment Potential Assessment
Investment Advantages
- Annual growth exceeds 8% - excellent performance
- Strong quarterly growth momentum
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy