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Winmalee Suburb Insights
VICLocation Information
Suburb Name
Winmalee, VIC
Distance from CBD
17.5 kmDemographics
Population
6,202
Median Income
$38,740
Area Information
Area
9.06 km²
Population Density
685 people/km²
Property Market
Median Price
$1,006,538
Annual Growth
+14.9%Property Price Trend Analysis
Current Median Price
$1,006,538
Annual Growth
+14.9%
Quarterly Growth
+3.8%
Price Trends - Last 6 Months
2024-01
$750,654
+6.8%2024-02
$517,467
+6.6%2024-03
$945,331
+6.1%2024-04
$632,333
+15.4%2024-05
$1,160,671
+11%2024-06
$918,540
+10.2%Property Type Price Analysis
House
Median Price
$1,625,309
Growth Rate
+12.3%Available Listings
210 properties
Apartment
Median Price
$310,957
Growth Rate
+17.9%Available Listings
977 properties
Townhouse
Median Price
$802,438
Growth Rate
+10.4%Available Listings
211 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