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Rushcutters Bay Suburb Insights
VICLocation Information
Suburb Name
Rushcutters Bay, VIC
Distance from CBD
9.6 kmDemographics
Population
2,547
Median Income
$63,284
Area Information
Area
0.16 km²
Population Density
15919 people/km²
Property Market
Median Price
$997,380
Annual Growth
+13.7%Property Price Trend Analysis
Current Median Price
$997,380
Annual Growth
+13.7%
Quarterly Growth
+1.6%
Price Trends - Last 6 Months
2024-01
$418,464
+4.4%2024-02
$939,874
+12.3%2024-03
$996,781
+9.4%2024-04
$844,916
+16.8%2024-05
$667,569
+18.6%2024-06
$991,593
+8.9%Property Type Price Analysis
House
Median Price
$1,650,983
Growth Rate
+10.2%Available Listings
340 properties
Apartment
Median Price
$655,400
Growth Rate
+6.1%Available Listings
733 properties
Townhouse
Median Price
$567,630
Growth Rate
+6.8%Available Listings
250 properties
Investment Potential Assessment
Investment Advantages
- Annual growth exceeds 8% - excellent performance
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy