Homewise logoHomewise
Back to Suburb Insights

Seaforth Suburb Insights

VIC
Location Information

Suburb Name

Seaforth, VIC

Distance from CBD

8.5 km
Demographics

Population

7,139

Median Income

$55,224

Area Information

Area

3.11 km²

Population Density

2295 people/km²

Property Market

Median Price

$927,232

Annual Growth

+17.5%
Property Price Trend Analysis

Current Median Price

$927,232

Annual Growth

+17.5%

Quarterly Growth

+1%

Price Trends - Last 6 Months

2024-01

$1,004,087

+5.3%
2024-02

$826,004

+7.1%
2024-03

$529,341

+13.7%
2024-04

$435,738

+14.6%
2024-05

$799,954

+8.5%
2024-06

$1,220,497

+13.4%
Property Type Price Analysis
House

Median Price

$918,818

Growth Rate

+12.1%

Available Listings

141 properties

Apartment

Median Price

$405,984

Growth Rate

+7%

Available Listings

489 properties

Townhouse

Median Price

$684,721

Growth Rate

+8.4%

Available Listings

242 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