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Sydenham Suburb Insights
VICLocation Information
Suburb Name
Sydenham, VIC
Distance from CBD
24.4 kmDemographics
Population
1,145
Median Income
$38,844
Area Information
Area
0.27 km²
Population Density
4241 people/km²
Property Market
Median Price
$667,856
Annual Growth
+15.3%Property Price Trend Analysis
Current Median Price
$667,856
Annual Growth
+15.3%
Quarterly Growth
+4.5%
Price Trends - Last 6 Months
2024-01
$969,138
+3.6%2024-02
$449,362
+10.7%2024-03
$1,037,127
+14.6%2024-04
$845,200
+16.5%2024-05
$794,481
+18.8%2024-06
$853,698
+14.9%Property Type Price Analysis
House
Median Price
$1,661,172
Growth Rate
+12.2%Available Listings
454 properties
Apartment
Median Price
$332,039
Growth Rate
+10.1%Available Listings
267 properties
Townhouse
Median Price
$748,811
Growth Rate
+16.5%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