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Woolooware Suburb Insights
VICLocation Information
Suburb Name
Woolooware, VIC
Distance from CBD
9.7 kmDemographics
Population
3,962
Median Income
$44,408
Area Information
Area
1.86 km²
Population Density
2130 people/km²
Property Market
Median Price
$838,420
Annual Growth
+6.4%Property Price Trend Analysis
Current Median Price
$838,420
Annual Growth
+6.4%
Quarterly Growth
+3.8%
Price Trends - Last 6 Months
2024-01
$786,056
+8.1%2024-02
$734,137
+5.6%2024-03
$889,711
+10.6%2024-04
$1,148,985
+15.4%2024-05
$518,357
+17.9%2024-06
$989,615
+20.1%Property Type Price Analysis
House
Median Price
$995,716
Growth Rate
+6.3%Available Listings
438 properties
Apartment
Median Price
$555,082
Growth Rate
+15.6%Available Listings
267 properties
Townhouse
Median Price
$777,377
Growth Rate
+15.4%Available Listings
197 properties
Investment Potential Assessment
Investment Advantages
- Strong quarterly growth momentum
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy