Homewise logoHomewise
Back to Suburb Insights

Vineyard Suburb Insights

VIC
Location Information

Suburb Name

Vineyard, VIC

Distance from CBD

19.1 km
Demographics

Population

1,166

Median Income

$31,512

Area Information

Area

11.01 km²

Population Density

106 people/km²

Property Market

Median Price

$696,149

Annual Growth

+5.7%
Property Price Trend Analysis

Current Median Price

$696,149

Annual Growth

+5.7%

Quarterly Growth

+3.2%

Price Trends - Last 6 Months

2024-01

$736,108

+10.8%
2024-02

$442,151

+6.3%
2024-03

$543,966

+13.9%
2024-04

$696,578

+15.6%
2024-05

$565,046

+9.6%
2024-06

$1,005,442

+17.5%
Property Type Price Analysis
House

Median Price

$837,502

Growth Rate

+7.7%

Available Listings

249 properties

Apartment

Median Price

$382,311

Growth Rate

+17.4%

Available Listings

891 properties

Townhouse

Median Price

$782,697

Growth Rate

+13.7%

Available Listings

258 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