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The Ponds Suburb Insights

VIC
Location Information

Suburb Name

The Ponds, VIC

Distance from CBD

12.9 km
Demographics

Population

11,731

Median Income

$53,716

Area Information

Area

4.65 km²

Population Density

2523 people/km²

Property Market

Median Price

$931,953

Annual Growth

+10.9%
Property Price Trend Analysis

Current Median Price

$931,953

Annual Growth

+10.9%

Quarterly Growth

+3.1%

Price Trends - Last 6 Months

2024-01

$775,040

+4.9%
2024-02

$815,349

+6.7%
2024-03

$546,586

+12.6%
2024-04

$578,236

+8.5%
2024-05

$1,134,553

+10.2%
2024-06

$654,563

+14.5%
Property Type Price Analysis
House

Median Price

$1,370,237

Growth Rate

+14%

Available Listings

170 properties

Apartment

Median Price

$476,390

Growth Rate

+9.3%

Available Listings

297 properties

Townhouse

Median Price

$999,724

Growth Rate

+13.9%

Available Listings

344 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