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Tumbi Umbi Suburb Insights
VICLocation Information
Suburb Name
Tumbi Umbi, VIC
Distance from CBD
21.2 kmDemographics
Population
5,108
Median Income
$32,344
Area Information
Area
13.11 km²
Population Density
390 people/km²
Property Market
Median Price
$836,687
Annual Growth
+12.8%Property Price Trend Analysis
Current Median Price
$836,687
Annual Growth
+12.8%
Quarterly Growth
+2.5%
Price Trends - Last 6 Months
2024-01
$724,090
+7.3%2024-02
$713,508
+6.5%2024-03
$394,154
+10.6%2024-04
$611,409
+15.3%2024-05
$864,663
+10%2024-06
$522,367
+14%Property Type Price Analysis
House
Median Price
$1,480,105
Growth Rate
+5.5%Available Listings
108 properties
Apartment
Median Price
$431,050
Growth Rate
+6.4%Available Listings
295 properties
Townhouse
Median Price
$747,907
Growth Rate
+15.4%Available Listings
282 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