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Bexley Suburb Insights
VICLocation Information
Suburb Name
Bexley, VIC
Distance from CBD
23.6 kmDemographics
Population
19,733
Median Income
$31,512
Area Information
Area
4.37 km²
Population Density
4516 people/km²
Property Market
Median Price
$1,097,662
Annual Growth
+18.5%Property Price Trend Analysis
Current Median Price
$1,097,662
Annual Growth
+18.5%
Quarterly Growth
+4.7%
Price Trends - Last 6 Months
2024-01
$888,281
+8.7%2024-02
$511,551
+12.8%2024-03
$770,306
+7.2%2024-04
$1,115,057
+6.4%2024-05
$917,153
+12.9%2024-06
$1,038,867
+18%Property Type Price Analysis
House
Median Price
$962,083
Growth Rate
+10%Available Listings
223 properties
Apartment
Median Price
$596,966
Growth Rate
+13.8%Available Listings
936 properties
Townhouse
Median Price
$480,816
Growth Rate
+13.7%Available Listings
326 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