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Beverley Park Suburb Insights
VICLocation Information
Suburb Name
Beverley Park, VIC
Distance from CBD
13.9 kmDemographics
Population
2,393
Median Income
$39,208
Area Information
Area
1.01 km²
Population Density
2369 people/km²
Property Market
Median Price
$852,898
Annual Growth
+18%Property Price Trend Analysis
Current Median Price
$852,898
Annual Growth
+18%
Quarterly Growth
+3.8%
Price Trends - Last 6 Months
2024-01
$1,014,492
+7.4%2024-02
$821,294
+6.7%2024-03
$660,047
+7.5%2024-04
$516,238
+13.7%2024-05
$616,423
+17.5%2024-06
$494,190
+8.6%Property Type Price Analysis
House
Median Price
$1,135,353
Growth Rate
+5.7%Available Listings
313 properties
Apartment
Median Price
$636,424
Growth Rate
+11.1%Available Listings
437 properties
Townhouse
Median Price
$683,274
Growth Rate
+11.6%Available Listings
290 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