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Whalan Suburb Insights
VICLocation Information
Suburb Name
Whalan, VIC
Distance from CBD
7 kmDemographics
Population
5,973
Median Income
$24,180
Area Information
Area
2.43 km²
Population Density
2458 people/km²
Property Market
Median Price
$764,347
Annual Growth
+19.5%Property Price Trend Analysis
Current Median Price
$764,347
Annual Growth
+19.5%
Quarterly Growth
+2.4%
Price Trends - Last 6 Months
2024-01
$873,977
+5.5%2024-02
$926,330
+12.6%2024-03
$711,493
+10.9%2024-04
$1,002,413
+10.6%2024-05
$1,032,850
+7.2%2024-06
$790,540
+17.5%Property Type Price Analysis
House
Median Price
$1,638,346
Growth Rate
+11.2%Available Listings
493 properties
Apartment
Median Price
$409,340
Growth Rate
+8.2%Available Listings
793 properties
Townhouse
Median Price
$980,427
Growth Rate
+9%Available Listings
287 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