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Telopea Suburb Insights

VIC
Location Information

Suburb Name

Telopea, VIC

Distance from CBD

21.1 km
Demographics

Population

5,426

Median Income

$29,536

Area Information

Area

1.51 km²

Population Density

3593 people/km²

Property Market

Median Price

$525,824

Annual Growth

+11.8%
Property Price Trend Analysis

Current Median Price

$525,824

Annual Growth

+11.8%

Quarterly Growth

+1.2%

Price Trends - Last 6 Months

2024-01

$411,813

+5.5%
2024-02

$667,346

+6.5%
2024-03

$843,738

+11.3%
2024-04

$794,296

+11.2%
2024-05

$540,221

+7.4%
2024-06

$969,347

+8.5%
Property Type Price Analysis
House

Median Price

$1,367,297

Growth Rate

+14.2%

Available Listings

214 properties

Apartment

Median Price

$600,918

Growth Rate

+17.3%

Available Listings

986 properties

Townhouse

Median Price

$785,437

Growth Rate

+8.2%

Available Listings

140 properties

Investment Potential Assessment
Investment Advantages
  • Annual growth exceeds 8% - excellent performance
  • Diverse property types available
Considerations
  • Rising prices may affect affordability
  • Monitor interest rate changes
  • Consider long-term investment strategy