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Woronora Heights Suburb Insights

VIC
Location Information

Suburb Name

Woronora Heights, VIC

Distance from CBD

7.1 km
Demographics

Population

2,855

Median Income

$44,252

Area Information

Area

2.6 km²

Population Density

1098 people/km²

Property Market

Median Price

$1,003,921

Annual Growth

+14.2%
Property Price Trend Analysis

Current Median Price

$1,003,921

Annual Growth

+14.2%

Quarterly Growth

+4.4%

Price Trends - Last 6 Months

2024-01

$984,063

+6.5%
2024-02

$819,629

+6.7%
2024-03

$1,046,419

+14%
2024-04

$631,701

+6%
2024-05

$768,283

+16.4%
2024-06

$1,125,312

+9.3%
Property Type Price Analysis
House

Median Price

$850,897

Growth Rate

+12.7%

Available Listings

261 properties

Apartment

Median Price

$318,489

Growth Rate

+10.6%

Available Listings

453 properties

Townhouse

Median Price

$666,769

Growth Rate

+11.8%

Available Listings

349 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