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Warwick Farm Suburb Insights
VICLocation Information
Suburb Name
Warwick Farm, VIC
Distance from CBD
21.8 kmDemographics
Population
5,884
Median Income
$24,752
Area Information
Area
4.61 km²
Population Density
1276 people/km²
Property Market
Median Price
$1,192,048
Annual Growth
+11.9%Property Price Trend Analysis
Current Median Price
$1,192,048
Annual Growth
+11.9%
Quarterly Growth
+2%
Price Trends - Last 6 Months
2024-01
$776,160
+8.9%2024-02
$650,320
+4.2%2024-03
$765,309
+6%2024-04
$551,301
+12%2024-05
$475,995
+8%2024-06
$790,348
+19.9%Property Type Price Analysis
House
Median Price
$1,395,954
Growth Rate
+8.1%Available Listings
424 properties
Apartment
Median Price
$570,258
Growth Rate
+16.8%Available Listings
266 properties
Townhouse
Median Price
$879,725
Growth Rate
+9.9%Available Listings
94 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