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South Wentworthville Suburb Insights
VICLocation Information
Suburb Name
South Wentworthville, VIC
Distance from CBD
6.1 kmDemographics
Population
6,197
Median Income
$32,032
Area Information
Area
1.81 km²
Population Density
3424 people/km²
Property Market
Median Price
$813,507
Annual Growth
+13%Property Price Trend Analysis
Current Median Price
$813,507
Annual Growth
+13%
Quarterly Growth
+4.1%
Price Trends - Last 6 Months
2024-01
$918,839
+9.5%2024-02
$706,659
+7.9%2024-03
$1,058,046
+13.8%2024-04
$1,077,746
+8.6%2024-05
$829,757
+8.6%2024-06
$1,168,132
+8.8%Property Type Price Analysis
House
Median Price
$1,749,942
Growth Rate
+5.9%Available Listings
159 properties
Apartment
Median Price
$471,330
Growth Rate
+15.6%Available Listings
903 properties
Townhouse
Median Price
$729,594
Growth Rate
+16.2%Available Listings
103 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