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Tacoma South Suburb Insights
VICLocation Information
Suburb Name
Tacoma South, VIC
Distance from CBD
3.5 kmDemographics
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