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Woronora Heights Suburb Insights
VICLocation Information
Suburb Name
Woronora Heights, VIC
Distance from CBD
7.1 kmDemographics
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