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Toowoon Bay Suburb Insights
VICLocation Information
Suburb Name
Toowoon Bay, VIC
Distance from CBD
15.2 kmDemographics
Population
530
Median Income
$29,588
Area Information
Area
0.55 km²
Population Density
964 people/km²
Property Market
Median Price
$827,333
Annual Growth
+5%Property Price Trend Analysis
Current Median Price
$827,333
Annual Growth
+5%
Quarterly Growth
+4.8%
Price Trends - Last 6 Months
2024-01
$365,246
+4.3%2024-02
$749,729
+5.5%2024-03
$541,679
+8.7%2024-04
$1,027,243
+8.4%2024-05
$1,112,092
+12.7%2024-06
$1,188,014
+17.2%Property Type Price Analysis
House
Median Price
$809,541
Growth Rate
+6.4%Available Listings
274 properties
Apartment
Median Price
$541,136
Growth Rate
+14%Available Listings
290 properties
Townhouse
Median Price
$702,061
Growth Rate
+10.5%Available Listings
107 properties
Investment Potential Assessment
Investment Advantages
- Strong quarterly growth momentum
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy