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Bligh Park Suburb Insights
VICLocation Information
Suburb Name
Bligh Park, VIC
Distance from CBD
9.9 kmDemographics
Population
6,366
Median Income
$41,288
Area Information
Area
2.12 km²
Population Density
3003 people/km²
Property Market
Median Price
$742,176
Annual Growth
+13.6%Property Price Trend Analysis
Current Median Price
$742,176
Annual Growth
+13.6%
Quarterly Growth
+2.6%
Price Trends - Last 6 Months
2024-01
$932,624
+9.1%2024-02
$712,635
+6.1%2024-03
$791,605
+9.4%2024-04
$986,994
+7.4%2024-05
$1,042,428
+7.6%2024-06
$811,775
+20.7%Property Type Price Analysis
House
Median Price
$1,304,104
Growth Rate
+7.2%Available Listings
427 properties
Apartment
Median Price
$362,868
Growth Rate
+6.2%Available Listings
838 properties
Townhouse
Median Price
$598,807
Growth Rate
+11.5%Available Listings
93 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