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Beverly Hills Suburb Insights
VICLocation Information
Suburb Name
Beverly Hills, VIC
Distance from CBD
16.2 kmDemographics
Population
10,156
Median Income
$30,628
Area Information
Area
2.98 km²
Population Density
3408 people/km²
Property Market
Median Price
$643,320
Annual Growth
+14.1%Property Price Trend Analysis
Current Median Price
$643,320
Annual Growth
+14.1%
Quarterly Growth
+3.4%
Price Trends - Last 6 Months
2024-01
$856,066
+4.2%2024-02
$420,293
+5.7%2024-03
$1,108,529
+12%2024-04
$883,009
+16.9%2024-05
$936,769
+12.1%2024-06
$1,184,331
+16%Property Type Price Analysis
House
Median Price
$1,420,723
Growth Rate
+11.3%Available Listings
222 properties
Apartment
Median Price
$487,176
Growth Rate
+17.9%Available Listings
892 properties
Townhouse
Median Price
$566,751
Growth Rate
+8.5%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