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Sydney Suburb Insights
VICLocation Information
Suburb Name
Sydney, VIC
Distance from CBD
23.4 kmDemographics
Population
17,252
Median Income
$35,412
Area Information
Area
2.94 km²
Population Density
5868 people/km²
Property Market
Median Price
$1,175,971
Annual Growth
+12.4%Property Price Trend Analysis
Current Median Price
$1,175,971
Annual Growth
+12.4%
Quarterly Growth
+3.1%
Price Trends - Last 6 Months
2024-01
$809,110
+10.7%2024-02
$919,523
+11.9%2024-03
$1,096,321
+9.7%2024-04
$547,882
+11.8%2024-05
$841,827
+8.1%2024-06
$582,620
+12.2%Property Type Price Analysis
House
Median Price
$1,186,921
Growth Rate
+5.5%Available Listings
480 properties
Apartment
Median Price
$698,065
Growth Rate
+7.7%Available Listings
283 properties
Townhouse
Median Price
$799,803
Growth Rate
+14.1%Available Listings
314 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