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Tuggerawong Suburb Insights
VICLocation Information
Suburb Name
Tuggerawong, VIC
Distance from CBD
5.1 kmDemographics
Population
1,280
Median Income
$30,264
Area Information
Area
1.49 km²
Population Density
859 people/km²
Property Market
Median Price
$664,474
Annual Growth
+5.5%Property Price Trend Analysis
Current Median Price
$664,474
Annual Growth
+5.5%
Quarterly Growth
+3.7%
Price Trends - Last 6 Months
2024-01
$989,219
+7.1%2024-02
$1,030,691
+11.6%2024-03
$794,798
+11.9%2024-04
$688,654
+15.8%2024-05
$949,808
+9.6%2024-06
$794,585
+8.6%Property Type Price Analysis
House
Median Price
$1,351,947
Growth Rate
+13.7%Available Listings
267 properties
Apartment
Median Price
$674,427
Growth Rate
+10%Available Listings
880 properties
Townhouse
Median Price
$748,063
Growth Rate
+10.9%Available Listings
256 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