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Sandy Point Suburb Insights
VICLocation Information
Suburb Name
Sandy Point, VIC
Distance from CBD
5.2 kmDemographics
Population
590
Median Income
$48,880
Area Information
Area
0.4 km²
Population Density
1475 people/km²
Property Market
Median Price
$831,436
Annual Growth
+15.4%Property Price Trend Analysis
Current Median Price
$831,436
Annual Growth
+15.4%
Quarterly Growth
+4.7%
Price Trends - Last 6 Months
2024-01
$570,176
+7.1%2024-02
$637,472
+11.4%2024-03
$712,064
+7.3%2024-04
$494,677
+16.5%2024-05
$1,197,243
+10.5%2024-06
$1,228,172
+15.3%Property Type Price Analysis
House
Median Price
$1,254,737
Growth Rate
+13.6%Available Listings
323 properties
Apartment
Median Price
$688,458
Growth Rate
+11.1%Available Listings
453 properties
Townhouse
Median Price
$485,073
Growth Rate
+14.3%Available Listings
97 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