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Berowra Heights Suburb Insights
VICLocation Information
Suburb Name
Berowra Heights, VIC
Distance from CBD
10.7 kmDemographics
Population
5,264
Median Income
$42,848
Area Information
Area
8 km²
Population Density
658 people/km²
Property Market
Median Price
$811,573
Annual Growth
+17.2%Property Price Trend Analysis
Current Median Price
$811,573
Annual Growth
+17.2%
Quarterly Growth
+2.1%
Price Trends - Last 6 Months
2024-01
$808,166
+10.8%2024-02
$751,738
+9.8%2024-03
$875,837
+9.8%2024-04
$834,284
+14.8%2024-05
$820,701
+14.9%2024-06
$949,440
+18%Property Type Price Analysis
House
Median Price
$1,613,903
Growth Rate
+10.6%Available Listings
295 properties
Apartment
Median Price
$387,872
Growth Rate
+15.3%Available Listings
479 properties
Townhouse
Median Price
$876,454
Growth Rate
+14.2%Available Listings
114 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