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Woodbine Suburb Insights
VICLocation Information
Suburb Name
Woodbine, VIC
Distance from CBD
24.6 kmDemographics
Population
2,741
Median Income
$33,228
Area Information
Area
1.2 km²
Population Density
2284 people/km²
Property Market
Median Price
$467,396
Annual Growth
+16.4%Property Price Trend Analysis
Current Median Price
$467,396
Annual Growth
+16.4%
Quarterly Growth
+2%
Price Trends - Last 6 Months
2024-01
$734,754
+3.1%2024-02
$637,352
+12.2%2024-03
$688,583
+13.4%2024-04
$1,109,896
+14.4%2024-05
$633,631
+11%2024-06
$1,228,246
+8.7%Property Type Price Analysis
House
Median Price
$1,074,383
Growth Rate
+8.5%Available Listings
358 properties
Apartment
Median Price
$355,167
Growth Rate
+14.5%Available Listings
231 properties
Townhouse
Median Price
$605,150
Growth Rate
+6.2%Available Listings
260 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