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Tacoma South Suburb Insights

VIC
Location Information

Suburb Name

Tacoma South, VIC

Distance from CBD

3.5 km
Demographics

Population

248

Median Income

$34,164

Area Information

Area

1.49 km²

Population Density

166 people/km²

Property Market

Median Price

$860,200

Annual Growth

+10.6%
Property Price Trend Analysis

Current Median Price

$860,200

Annual Growth

+10.6%

Quarterly Growth

+4.1%

Price Trends - Last 6 Months

2024-01

$917,703

+9.9%
2024-02

$645,003

+7.9%
2024-03

$409,812

+7.3%
2024-04

$470,479

+11%
2024-05

$794,705

+7.1%
2024-06

$663,468

+20.4%
Property Type Price Analysis
House

Median Price

$1,595,213

Growth Rate

+14%

Available Listings

449 properties

Apartment

Median Price

$683,657

Growth Rate

+12.4%

Available Listings

213 properties

Townhouse

Median Price

$896,054

Growth Rate

+15.8%

Available Listings

339 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