Back to Suburb Insights
Wattle Grove Suburb Insights
VICLocation Information
Suburb Name
Wattle Grove, VIC
Distance from CBD
6.4 kmDemographics
Population
8,952
Median Income
$44,096
Area Information
Area
2.59 km²
Population Density
3456 people/km²
Property Market
Median Price
$436,265
Annual Growth
+17.9%Property Price Trend Analysis
Current Median Price
$436,265
Annual Growth
+17.9%
Quarterly Growth
+2%
Price Trends - Last 6 Months
2024-01
$668,996
+8.9%2024-02
$640,503
+7.7%2024-03
$937,610
+5.1%2024-04
$734,981
+11.2%2024-05
$1,148,270
+12.5%2024-06
$873,919
+8.3%Property Type Price Analysis
House
Median Price
$1,788,930
Growth Rate
+13.7%Available Listings
481 properties
Apartment
Median Price
$318,844
Growth Rate
+16.7%Available Listings
982 properties
Townhouse
Median Price
$519,168
Growth Rate
+13.2%Available Listings
262 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