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Wyoming Suburb Insights
VICLocation Information
Suburb Name
Wyoming, VIC
Distance from CBD
13.6 kmDemographics
Population
10,134
Median Income
$29,380
Area Information
Area
7.14 km²
Population Density
1419 people/km²
Property Market
Median Price
$895,822
Annual Growth
+19.8%Property Price Trend Analysis
Current Median Price
$895,822
Annual Growth
+19.8%
Quarterly Growth
+4.6%
Price Trends - Last 6 Months
2024-01
$454,594
+3.5%2024-02
$805,872
+5%2024-03
$735,846
+13.3%2024-04
$507,757
+9.6%2024-05
$549,589
+14.7%2024-06
$651,370
+12.1%Property Type Price Analysis
House
Median Price
$1,761,377
Growth Rate
+5%Available Listings
430 properties
Apartment
Median Price
$375,660
Growth Rate
+7.1%Available Listings
482 properties
Townhouse
Median Price
$784,107
Growth Rate
+6.5%Available Listings
267 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