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Blaxland Suburb Insights

VIC
Location Information

Suburb Name

Blaxland, VIC

Distance from CBD

18 km
Demographics

Population

7,451

Median Income

$40,716

Area Information

Area

9.72 km²

Population Density

767 people/km²

Property Market

Median Price

$770,210

Annual Growth

+16%
Property Price Trend Analysis

Current Median Price

$770,210

Annual Growth

+16%

Quarterly Growth

+3.2%

Price Trends - Last 6 Months

2024-01

$812,041

+6.1%
2024-02

$872,663

+5.7%
2024-03

$397,493

+14.7%
2024-04

$632,096

+10.9%
2024-05

$426,508

+16.5%
2024-06

$695,380

+15.4%
Property Type Price Analysis
House

Median Price

$1,435,559

Growth Rate

+5.1%

Available Listings

197 properties

Apartment

Median Price

$577,301

Growth Rate

+12.7%

Available Listings

497 properties

Townhouse

Median Price

$612,107

Growth Rate

+12.3%

Available Listings

146 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