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Blakehurst Suburb Insights

VIC
Location Information

Suburb Name

Blakehurst, VIC

Distance from CBD

18.3 km
Demographics

Population

6,219

Median Income

$37,700

Area Information

Area

2.31 km²

Population Density

2692 people/km²

Property Market

Median Price

$1,029,444

Annual Growth

+11.5%
Property Price Trend Analysis

Current Median Price

$1,029,444

Annual Growth

+11.5%

Quarterly Growth

+3.8%

Price Trends - Last 6 Months

2024-01

$744,149

+10.8%
2024-02

$750,211

+4.8%
2024-03

$1,123,260

+11.9%
2024-04

$1,073,095

+12.2%
2024-05

$1,058,079

+15%
2024-06

$822,152

+19.5%
Property Type Price Analysis
House

Median Price

$1,680,862

Growth Rate

+14.8%

Available Listings

342 properties

Apartment

Median Price

$561,403

Growth Rate

+13.4%

Available Listings

646 properties

Townhouse

Median Price

$598,537

Growth Rate

+14%

Available Listings

208 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