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Pyrmont Suburb Insights
VICLocation Information
Suburb Name
Pyrmont, VIC
Distance from CBD
20.4 kmDemographics
Population
12,813
Median Income
$57,772
Area Information
Area
0.93 km²
Population Density
13777 people/km²
Property Market
Median Price
$895,668
Annual Growth
+12.5%Property Price Trend Analysis
Current Median Price
$895,668
Annual Growth
+12.5%
Quarterly Growth
+2.8%
Price Trends - Last 6 Months
2024-01
$841,947
+6.3%2024-02
$991,860
+9.9%2024-03
$603,337
+9.8%2024-04
$984,106
+16.1%2024-05
$902,591
+11.6%2024-06
$495,810
+10.3%Property Type Price Analysis
House
Median Price
$1,436,876
Growth Rate
+10.7%Available Listings
163 properties
Apartment
Median Price
$422,083
Growth Rate
+17.4%Available Listings
829 properties
Townhouse
Median Price
$622,137
Growth Rate
+9%Available Listings
156 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