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Point Piper Suburb Insights

VIC
Location Information

Suburb Name

Point Piper, VIC

Distance from CBD

21.4 km
Demographics

Population

1,424

Median Income

$88,816

Area Information

Area

0.39 km²

Population Density

3651 people/km²

Property Market

Median Price

$955,718

Annual Growth

+15.7%
Property Price Trend Analysis

Current Median Price

$955,718

Annual Growth

+15.7%

Quarterly Growth

+2.1%

Price Trends - Last 6 Months

2024-01

$848,894

+10.6%
2024-02

$805,378

+6.1%
2024-03

$688,935

+5.5%
2024-04

$677,791

+14.8%
2024-05

$728,432

+7.9%
2024-06

$920,160

+18.2%
Property Type Price Analysis
House

Median Price

$1,769,481

Growth Rate

+10.4%

Available Listings

428 properties

Apartment

Median Price

$591,785

Growth Rate

+7.6%

Available Listings

654 properties

Townhouse

Median Price

$764,046

Growth Rate

+12.8%

Available Listings

166 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