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Punchbowl Suburb Insights
VICLocation Information
Suburb Name
Punchbowl, VIC
Distance from CBD
16.5 kmDemographics
Population
20,236
Median Income
$22,048
Area Information
Area
4.32 km²
Population Density
4684 people/km²
Property Market
Median Price
$1,051,316
Annual Growth
+16.9%Property Price Trend Analysis
Current Median Price
$1,051,316
Annual Growth
+16.9%
Quarterly Growth
+1.6%
Price Trends - Last 6 Months
2024-01
$909,713
+4.5%2024-02
$1,010,204
+10.3%2024-03
$414,499
+13.8%2024-04
$720,271
+14.8%2024-05
$486,625
+18.8%2024-06
$576,239
+19.2%Property Type Price Analysis
House
Median Price
$837,424
Growth Rate
+11%Available Listings
286 properties
Apartment
Median Price
$605,784
Growth Rate
+6.2%Available Listings
549 properties
Townhouse
Median Price
$825,778
Growth Rate
+16.6%Available Listings
343 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