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Toongabbie Suburb Insights
VICLocation Information
Suburb Name
Toongabbie, VIC
Distance from CBD
22.1 kmDemographics
Population
14,337
Median Income
$34,996
Area Information
Area
4.73 km²
Population Density
3031 people/km²
Property Market
Median Price
$958,478
Annual Growth
+19.2%Property Price Trend Analysis
Current Median Price
$958,478
Annual Growth
+19.2%
Quarterly Growth
+3.3%
Price Trends - Last 6 Months
2024-01
$443,188
+6.1%2024-02
$502,351
+4.6%2024-03
$709,985
+14.3%2024-04
$804,848
+10.5%2024-05
$1,108,932
+11.7%2024-06
$622,787
+20.6%Property Type Price Analysis
House
Median Price
$968,948
Growth Rate
+11.7%Available Listings
165 properties
Apartment
Median Price
$362,745
Growth Rate
+13.2%Available Listings
378 properties
Townhouse
Median Price
$429,518
Growth Rate
+8.4%Available Listings
321 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