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Wamberal Suburb Insights
VICLocation Information
Suburb Name
Wamberal, VIC
Distance from CBD
12.6 kmDemographics
Population
6,550
Median Income
$41,496
Area Information
Area
8.77 km²
Population Density
747 people/km²
Property Market
Median Price
$1,022,053
Annual Growth
+19.2%Property Price Trend Analysis
Current Median Price
$1,022,053
Annual Growth
+19.2%
Quarterly Growth
+1%
Price Trends - Last 6 Months
2024-01
$980,945
+8.4%2024-02
$1,068,652
+5.1%2024-03
$1,051,937
+11.6%2024-04
$674,162
+10.5%2024-05
$686,288
+14.7%2024-06
$711,328
+12.8%Property Type Price Analysis
House
Median Price
$867,280
Growth Rate
+7.3%Available Listings
298 properties
Apartment
Median Price
$433,475
Growth Rate
+6.5%Available Listings
639 properties
Townhouse
Median Price
$673,298
Growth Rate
+10.7%Available Listings
228 properties
Investment Potential Assessment
Investment Advantages
- Annual growth exceeds 8% - excellent performance
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy