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Woodcroft Suburb Insights

VIC
Location Information

Suburb Name

Woodcroft, VIC

Distance from CBD

24.6 km
Demographics

Population

6,440

Median Income

$40,768

Area Information

Area

1.69 km²

Population Density

3811 people/km²

Property Market

Median Price

$402,259

Annual Growth

+19.1%
Property Price Trend Analysis

Current Median Price

$402,259

Annual Growth

+19.1%

Quarterly Growth

+4%

Price Trends - Last 6 Months

2024-01

$858,742

+5.4%
2024-02

$994,708

+7.4%
2024-03

$1,070,114

+12.1%
2024-04

$800,564

+10.1%
2024-05

$485,447

+17.6%
2024-06

$523,452

+16.3%
Property Type Price Analysis
House

Median Price

$963,805

Growth Rate

+9.2%

Available Listings

444 properties

Apartment

Median Price

$494,415

Growth Rate

+16.7%

Available Listings

244 properties

Townhouse

Median Price

$937,714

Growth Rate

+10.4%

Available Listings

202 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