Back to Suburb Insights
Winston Hills Suburb Insights
VICLocation Information
Suburb Name
Winston Hills, VIC
Distance from CBD
12.8 kmDemographics
Population
11,674
Median Income
$40,352
Area Information
Area
4.74 km²
Population Density
2463 people/km²
Property Market
Median Price
$595,300
Annual Growth
+9.2%Property Price Trend Analysis
Current Median Price
$595,300
Annual Growth
+9.2%
Quarterly Growth
+4.2%
Price Trends - Last 6 Months
2024-01
$665,221
+8%2024-02
$671,258
+6.4%2024-03
$553,707
+5.4%2024-04
$1,065,987
+8.8%2024-05
$1,046,075
+11.9%2024-06
$763,777
+12.3%Property Type Price Analysis
House
Median Price
$1,713,534
Growth Rate
+11.5%Available Listings
285 properties
Apartment
Median Price
$340,074
Growth Rate
+8.5%Available Listings
296 properties
Townhouse
Median Price
$509,925
Growth Rate
+13.7%Available Listings
197 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