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Yarrawarrah Suburb Insights
VICLocation Information
Suburb Name
Yarrawarrah, VIC
Distance from CBD
18.2 kmDemographics
Population
2,733
Median Income
$45,292
Area Information
Area
1.24 km²
Population Density
2204 people/km²
Property Market
Median Price
$752,721
Annual Growth
+8.3%Property Price Trend Analysis
Current Median Price
$752,721
Annual Growth
+8.3%
Quarterly Growth
+4.7%
Price Trends - Last 6 Months
2024-01
$974,845
+4%2024-02
$734,206
+8.5%2024-03
$867,000
+5.8%2024-04
$428,398
+15%2024-05
$1,036,118
+15.9%2024-06
$675,216
+13.2%Property Type Price Analysis
House
Median Price
$908,488
Growth Rate
+9.8%Available Listings
444 properties
Apartment
Median Price
$668,106
Growth Rate
+6.9%Available Listings
819 properties
Townhouse
Median Price
$875,443
Growth Rate
+9.5%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