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Potts Hill Suburb Insights
VICLocation Information
Suburb Name
Potts Hill, VIC
Distance from CBD
17.1 kmDemographics
Population
893
Median Income
$40,820
Area Information
Area
1.13 km²
Population Density
790 people/km²
Property Market
Median Price
$1,022,265
Annual Growth
+12.4%Property Price Trend Analysis
Current Median Price
$1,022,265
Annual Growth
+12.4%
Quarterly Growth
+2%
Price Trends - Last 6 Months
2024-01
$635,892
+7.6%2024-02
$475,823
+9.8%2024-03
$629,072
+5.4%2024-04
$1,056,024
+7.1%2024-05
$426,987
+12.3%2024-06
$660,331
+16.8%Property Type Price Analysis
House
Median Price
$1,354,879
Growth Rate
+10.3%Available Listings
323 properties
Apartment
Median Price
$455,513
Growth Rate
+6.2%Available Listings
942 properties
Townhouse
Median Price
$677,498
Growth Rate
+6.2%Available Listings
267 properties
Investment Potential Assessment
Investment Advantages
- Annual growth exceeds 8% - excellent performance
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy