Back to Suburb Insights
Wagstaffe Suburb Insights
VICLocation Information
Suburb Name
Wagstaffe, VIC
Distance from CBD
12.4 kmDemographics
Population
222
Median Income
$41,964
Area Information
Area
0.4 km²
Population Density
555 people/km²
Property Market
Median Price
$675,785
Annual Growth
+15.8%Property Price Trend Analysis
Current Median Price
$675,785
Annual Growth
+15.8%
Quarterly Growth
+4.5%
Price Trends - Last 6 Months
2024-01
$820,472
+9.8%2024-02
$895,564
+5.6%2024-03
$565,392
+12.1%2024-04
$580,259
+7.3%2024-05
$1,175,893
+8.7%2024-06
$499,446
+19.8%Property Type Price Analysis
House
Median Price
$1,745,071
Growth Rate
+11.8%Available Listings
356 properties
Apartment
Median Price
$563,544
Growth Rate
+15.9%Available Listings
615 properties
Townhouse
Median Price
$401,427
Growth Rate
+16.8%Available Listings
218 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