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Sydney Olympic Park Suburb Insights
VICLocation Information
Suburb Name
Sydney Olympic Park, VIC
Distance from CBD
19.8 kmDemographics
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