Back to Suburb Insights
Petersham Suburb Insights
VICLocation Information
Suburb Name
Petersham, VIC
Distance from CBD
12.2 kmDemographics
Population
8,116
Median Income
$52,884
Area Information
Area
1.29 km²
Population Density
6291 people/km²
Property Market
Median Price
$713,432
Annual Growth
+18.6%Property Price Trend Analysis
Current Median Price
$713,432
Annual Growth
+18.6%
Quarterly Growth
+4.5%
Price Trends - Last 6 Months
2024-01
$523,384
+6.9%2024-02
$722,466
+4.3%2024-03
$879,398
+14%2024-04
$415,896
+7.1%2024-05
$493,064
+11.2%2024-06
$536,198
+14.1%Property Type Price Analysis
House
Median Price
$858,339
Growth Rate
+9.8%Available Listings
177 properties
Apartment
Median Price
$619,509
Growth Rate
+9.7%Available Listings
499 properties
Townhouse
Median Price
$693,710
Growth Rate
+13.5%Available Listings
243 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