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Tumbi Umbi Suburb Insights

VIC
Location Information

Suburb Name

Tumbi Umbi, VIC

Distance from CBD

21.2 km
Demographics

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