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Silverwater Suburb Insights
VICLocation Information
Suburb Name
Silverwater, VIC
Distance from CBD
9.9 kmDemographics
Population
4,166
Median Income
$37,024
Area Information
Area
2.7 km²
Population Density
1543 people/km²
Property Market
Median Price
$516,838
Annual Growth
+8.2%Property Price Trend Analysis
Current Median Price
$516,838
Annual Growth
+8.2%
Quarterly Growth
+3.4%
Price Trends - Last 6 Months
2024-01
$452,300
+6.7%2024-02
$916,630
+11%2024-03
$1,067,650
+12%2024-04
$638,622
+11.2%2024-05
$879,784
+18.3%2024-06
$894,835
+9.9%Property Type Price Analysis
House
Median Price
$1,553,353
Growth Rate
+6.7%Available Listings
448 properties
Apartment
Median Price
$604,906
Growth Rate
+6.9%Available Listings
776 properties
Townhouse
Median Price
$434,650
Growth Rate
+13.1%Available Listings
344 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