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Allambie Heights Suburb Insights
VICLocation Information
Suburb Name
Allambie Heights, VIC
Distance from CBD
22.8 kmDemographics
Population
7,009
Median Income
$40,404
Area Information
Area
6.68 km²
Population Density
1049 people/km²
Property Market
Median Price
$582,728
Annual Growth
+11.3%Property Price Trend Analysis
Current Median Price
$582,728
Annual Growth
+11.3%
Quarterly Growth
+1.1%
Price Trends - Last 6 Months
2024-01
$437,984
+9%2024-02
$732,265
+5.8%2024-03
$1,096,014
+7.9%2024-04
$1,035,567
+8.2%2024-05
$743,857
+13.6%2024-06
$527,334
+20.9%Property Type Price Analysis
House
Median Price
$1,072,962
Growth Rate
+10.2%Available Listings
114 properties
Apartment
Median Price
$487,676
Growth Rate
+12.5%Available Listings
518 properties
Townhouse
Median Price
$782,365
Growth Rate
+9.2%Available Listings
326 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