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Watanobbi Suburb Insights
VICLocation Information
Suburb Name
Watanobbi, VIC
Distance from CBD
9.8 kmDemographics
Population
3,861
Median Income
$27,508
Area Information
Area
1.74 km²
Population Density
2219 people/km²
Property Market
Median Price
$1,142,077
Annual Growth
+10.8%Property Price Trend Analysis
Current Median Price
$1,142,077
Annual Growth
+10.8%
Quarterly Growth
+3.9%
Price Trends - Last 6 Months
2024-01
$535,056
+7.9%2024-02
$620,594
+5.9%2024-03
$801,616
+12.9%2024-04
$1,112,851
+11.3%2024-05
$1,064,320
+9.3%2024-06
$829,866
+15.2%Property Type Price Analysis
House
Median Price
$895,505
Growth Rate
+8.9%Available Listings
323 properties
Apartment
Median Price
$531,048
Growth Rate
+14.4%Available Listings
897 properties
Townhouse
Median Price
$811,435
Growth Rate
+8.2%Available Listings
143 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