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Saratoga Suburb Insights
VICLocation Information
Suburb Name
Saratoga, VIC
Distance from CBD
22.8 kmDemographics
Population
3,938
Median Income
$36,244
Area Information
Area
2.37 km²
Population Density
1662 people/km²
Property Market
Median Price
$860,864
Annual Growth
+12%Property Price Trend Analysis
Current Median Price
$860,864
Annual Growth
+12%
Quarterly Growth
+4.8%
Price Trends - Last 6 Months
2024-01
$632,095
+9%2024-02
$550,478
+6.3%2024-03
$670,955
+11.2%2024-04
$544,088
+8.2%2024-05
$865,857
+10.8%2024-06
$1,204,619
+18.9%Property Type Price Analysis
House
Median Price
$1,100,625
Growth Rate
+5.8%Available Listings
488 properties
Apartment
Median Price
$687,686
Growth Rate
+15.7%Available Listings
570 properties
Townhouse
Median Price
$467,492
Growth Rate
+15.2%Available Listings
150 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