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Point Piper Suburb Insights
VICLocation Information
Suburb Name
Point Piper, VIC
Distance from CBD
21.4 kmDemographics
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