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Woronora Suburb Insights
VICLocation Information
Suburb Name
Woronora, VIC
Distance from CBD
11.8 kmDemographics
Population
2,201
Median Income
$45,708
Area Information
Area
1.88 km²
Population Density
1171 people/km²
Property Market
Median Price
$593,539
Annual Growth
+8.5%Property Price Trend Analysis
Current Median Price
$593,539
Annual Growth
+8.5%
Quarterly Growth
+4.3%
Price Trends - Last 6 Months
2024-01
$555,822
+7.2%2024-02
$536,845
+10.5%2024-03
$1,052,158
+7.5%2024-04
$1,093,329
+12.1%2024-05
$680,059
+9.6%2024-06
$413,136
+16.3%Property Type Price Analysis
House
Median Price
$1,781,250
Growth Rate
+5.6%Available Listings
374 properties
Apartment
Median Price
$662,919
Growth Rate
+14.1%Available Listings
971 properties
Townhouse
Median Price
$553,310
Growth Rate
+9.5%Available Listings
92 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