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Alfords Point Suburb Insights
VICLocation Information
Suburb Name
Alfords Point, VIC
Distance from CBD
11.6 kmDemographics
Population
3,109
Median Income
$43,732
Area Information
Area
2.57 km²
Population Density
1210 people/km²
Property Market
Median Price
$1,101,844
Annual Growth
+18.5%Property Price Trend Analysis
Current Median Price
$1,101,844
Annual Growth
+18.5%
Quarterly Growth
+4%
Price Trends - Last 6 Months
2024-01
$746,595
+5%2024-02
$976,019
+12.3%2024-03
$1,069,851
+10%2024-04
$808,489
+13.6%2024-05
$522,433
+12.2%2024-06
$411,064
+10.2%Property Type Price Analysis
House
Median Price
$1,421,711
Growth Rate
+12.8%Available Listings
225 properties
Apartment
Median Price
$604,189
Growth Rate
+13%Available Listings
272 properties
Townhouse
Median Price
$656,064
Growth Rate
+12%Available Listings
270 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