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Peakhurst Heights Suburb Insights

VIC
Location Information

Suburb Name

Peakhurst Heights, VIC

Distance from CBD

5.6 km
Demographics

Population

2,336

Median Income

$36,816

Area Information

Area

0.87 km²

Population Density

2685 people/km²

Property Market

Median Price

$523,162

Annual Growth

+5.8%
Property Price Trend Analysis

Current Median Price

$523,162

Annual Growth

+5.8%

Quarterly Growth

+1.8%

Price Trends - Last 6 Months

2024-01

$708,525

+6%
2024-02

$672,620

+10%
2024-03

$576,205

+9.5%
2024-04

$1,017,013

+12.2%
2024-05

$991,010

+13.8%
2024-06

$651,611

+19.1%
Property Type Price Analysis
House

Median Price

$1,265,567

Growth Rate

+11.9%

Available Listings

234 properties

Apartment

Median Price

$301,845

Growth Rate

+9.4%

Available Listings

712 properties

Townhouse

Median Price

$660,364

Growth Rate

+6.9%

Available Listings

276 properties

Investment Potential Assessment
Investment Advantages
  • Diverse property types available
Considerations
  • Rising prices may affect affordability
  • Monitor interest rate changes
  • Consider long-term investment strategy