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Wadalba Suburb Insights

VIC
Location Information

Suburb Name

Wadalba, VIC

Distance from CBD

11.1 km
Demographics

Population

2,831

Median Income

$35,464

Area Information

Area

3.82 km²

Population Density

741 people/km²

Property Market

Median Price

$1,033,843

Annual Growth

+7%
Property Price Trend Analysis

Current Median Price

$1,033,843

Annual Growth

+7%

Quarterly Growth

+1.2%

Price Trends - Last 6 Months

2024-01

$638,554

+3.1%
2024-02

$744,196

+12.8%
2024-03

$992,991

+7%
2024-04

$759,305

+14.5%
2024-05

$455,087

+9.1%
2024-06

$844,792

+14.7%
Property Type Price Analysis
House

Median Price

$957,460

Growth Rate

+13.1%

Available Listings

276 properties

Apartment

Median Price

$426,380

Growth Rate

+8.6%

Available Listings

582 properties

Townhouse

Median Price

$814,516

Growth Rate

+14.6%

Available Listings

118 properties

Investment Potential Assessment
Investment Advantages
  • Diverse property types available
Considerations
  • Rising prices may affect affordability
  • Monitor interest rate changes
  • Consider long-term investment strategy