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Valley Heights Suburb Insights

VIC
Location Information

Suburb Name

Valley Heights, VIC

Distance from CBD

11.4 km
Demographics

Population

1,211

Median Income

$37,908

Area Information

Area

2.18 km²

Population Density

556 people/km²

Property Market

Median Price

$501,443

Annual Growth

+17.9%
Property Price Trend Analysis

Current Median Price

$501,443

Annual Growth

+17.9%

Quarterly Growth

+4.1%

Price Trends - Last 6 Months

2024-01

$807,464

+6.1%
2024-02

$847,276

+10.7%
2024-03

$968,980

+7.4%
2024-04

$609,156

+11.7%
2024-05

$1,073,995

+18.9%
2024-06

$1,000,689

+15%
Property Type Price Analysis
House

Median Price

$1,675,476

Growth Rate

+8.9%

Available Listings

148 properties

Apartment

Median Price

$598,105

Growth Rate

+15%

Available Listings

466 properties

Townhouse

Median Price

$899,249

Growth Rate

+8.9%

Available Listings

135 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