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Wentworthville Suburb Insights
VICLocation Information
Suburb Name
Wentworthville, VIC
Distance from CBD
7.9 kmDemographics
Population
11,318
Median Income
$34,320
Area Information
Area
3.1 km²
Population Density
3651 people/km²
Property Market
Median Price
$469,817
Annual Growth
+9%Property Price Trend Analysis
Current Median Price
$469,817
Annual Growth
+9%
Quarterly Growth
+1.9%
Price Trends - Last 6 Months
2024-01
$704,716
+8%2024-02
$402,870
+7.2%2024-03
$476,656
+7.7%2024-04
$509,259
+6.9%2024-05
$515,161
+17.9%2024-06
$475,999
+10.2%Property Type Price Analysis
House
Median Price
$1,280,026
Growth Rate
+5.1%Available Listings
445 properties
Apartment
Median Price
$313,662
Growth Rate
+6.8%Available Listings
296 properties
Townhouse
Median Price
$908,154
Growth Rate
+16.2%Available Listings
222 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