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Queens Park Suburb Insights

VIC
Location Information

Suburb Name

Queens Park, VIC

Distance from CBD

21.9 km
Demographics

Population

3,066

Median Income

$64,168

Area Information

Area

0.84 km²

Population Density

3650 people/km²

Property Market

Median Price

$1,065,992

Annual Growth

+6.9%
Property Price Trend Analysis

Current Median Price

$1,065,992

Annual Growth

+6.9%

Quarterly Growth

+3.6%

Price Trends - Last 6 Months

2024-01

$956,557

+5.8%
2024-02

$408,592

+7.9%
2024-03

$575,861

+10.1%
2024-04

$1,005,691

+13.3%
2024-05

$1,011,229

+7.1%
2024-06

$1,066,788

+11%
Property Type Price Analysis
House

Median Price

$1,252,157

Growth Rate

+5.3%

Available Listings

105 properties

Apartment

Median Price

$530,460

Growth Rate

+6%

Available Listings

506 properties

Townhouse

Median Price

$595,951

Growth Rate

+12.3%

Available Listings

227 properties

Investment Potential Assessment
Investment Advantages
  • Strong quarterly growth momentum
  • Diverse property types available
Considerations
  • Rising prices may affect affordability
  • Monitor interest rate changes
  • Consider long-term investment strategy