Homewise logoHomewise
Back to Suburb Insights

Sydney Olympic Park Suburb Insights

VIC
Location Information

Suburb Name

Sydney Olympic Park, VIC

Distance from CBD

19.8 km
Demographics

Population

1,736

Median Income

$45,968

Area Information

Area

6.63 km²

Population Density

262 people/km²

Property Market

Median Price

$1,029,702

Annual Growth

+17.1%
Property Price Trend Analysis

Current Median Price

$1,029,702

Annual Growth

+17.1%

Quarterly Growth

+2.9%

Price Trends - Last 6 Months

2024-01

$963,303

+8.8%
2024-02

$831,796

+5.6%
2024-03

$870,128

+13.4%
2024-04

$690,009

+12.8%
2024-05

$1,146,450

+8.1%
2024-06

$696,259

+13.5%
Property Type Price Analysis
House

Median Price

$865,927

Growth Rate

+14.7%

Available Listings

407 properties

Apartment

Median Price

$354,384

Growth Rate

+15.2%

Available Listings

612 properties

Townhouse

Median Price

$677,451

Growth Rate

+6.3%

Available Listings

99 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