Back to Suburb Insights
Tennyson Point Suburb Insights
VICLocation Information
Suburb Name
Tennyson Point, VIC
Distance from CBD
24.5 kmDemographics
Population
1,219
Median Income
$48,568
Area Information
Area
0.45 km²
Population Density
2709 people/km²
Property Market
Median Price
$514,567
Annual Growth
+13.1%Property Price Trend Analysis
Current Median Price
$514,567
Annual Growth
+13.1%
Quarterly Growth
+3.2%
Price Trends - Last 6 Months
2024-01
$736,687
+7.6%2024-02
$986,359
+10.1%2024-03
$422,350
+10.4%2024-04
$798,576
+10%2024-05
$1,131,372
+9.1%2024-06
$798,439
+10.4%Property Type Price Analysis
House
Median Price
$1,421,812
Growth Rate
+9.8%Available Listings
382 properties
Apartment
Median Price
$373,185
Growth Rate
+17.2%Available Listings
945 properties
Townhouse
Median Price
$856,301
Growth Rate
+10.9%Available Listings
191 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