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Shelly Beach Suburb Insights
VICLocation Information
Suburb Name
Shelly Beach, VIC
Distance from CBD
15.1 kmDemographics
Population
1,318
Median Income
$33,696
Area Information
Area
1.16 km²
Population Density
1136 people/km²
Property Market
Median Price
$878,932
Annual Growth
+14.3%Property Price Trend Analysis
Current Median Price
$878,932
Annual Growth
+14.3%
Quarterly Growth
+3.4%
Price Trends - Last 6 Months
2024-01
$567,300
+7.5%2024-02
$738,323
+4%2024-03
$1,108,250
+14.3%2024-04
$1,078,704
+15.7%2024-05
$1,070,606
+13.9%2024-06
$739,007
+14.4%Property Type Price Analysis
House
Median Price
$1,764,664
Growth Rate
+6.1%Available Listings
486 properties
Apartment
Median Price
$690,497
Growth Rate
+15.3%Available Listings
674 properties
Townhouse
Median Price
$919,618
Growth Rate
+6.4%Available Listings
162 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