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Telopea Suburb Insights
VICLocation Information
Suburb Name
Telopea, VIC
Distance from CBD
21.1 kmDemographics
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