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Queens Park Suburb Insights
VICLocation Information
Suburb Name
Queens Park, VIC
Distance from CBD
21.9 kmDemographics
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