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South Granville Suburb Insights

VIC
Location Information

Suburb Name

South Granville, VIC

Distance from CBD

5.8 km
Demographics

Population

5,500

Median Income

$20,644

Area Information

Area

2.19 km²

Population Density

2511 people/km²

Property Market

Median Price

$955,910

Annual Growth

+6.4%
Property Price Trend Analysis

Current Median Price

$955,910

Annual Growth

+6.4%

Quarterly Growth

+1.9%

Price Trends - Last 6 Months

2024-01

$931,283

+8.7%
2024-02

$551,182

+4.9%
2024-03

$867,658

+7%
2024-04

$984,031

+16.7%
2024-05

$1,061,888

+14.9%
2024-06

$957,449

+18.9%
Property Type Price Analysis
House

Median Price

$890,414

Growth Rate

+5.6%

Available Listings

141 properties

Apartment

Median Price

$677,794

Growth Rate

+9.3%

Available Listings

862 properties

Townhouse

Median Price

$551,646

Growth Rate

+14.5%

Available Listings

335 properties

Investment Potential Assessment
Investment Advantages
  • Diverse property types available
Considerations
  • Rising prices may affect affordability
  • Monitor interest rate changes
  • Consider long-term investment strategy