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Bonnyrigg Suburb Insights
VICLocation Information
Suburb Name
Bonnyrigg, VIC
Distance from CBD
10.4 kmDemographics
Population
8,670
Median Income
$22,204
Area Information
Area
3.04 km²
Population Density
2852 people/km²
Property Market
Median Price
$812,702
Annual Growth
+8.5%Property Price Trend Analysis
Current Median Price
$812,702
Annual Growth
+8.5%
Quarterly Growth
+1.2%
Price Trends - Last 6 Months
2024-01
$489,581
+8.6%2024-02
$661,811
+9%2024-03
$1,030,965
+5.1%2024-04
$1,105,548
+15.1%2024-05
$804,596
+8.5%2024-06
$812,904
+16.8%Property Type Price Analysis
House
Median Price
$944,746
Growth Rate
+8.9%Available Listings
188 properties
Apartment
Median Price
$623,190
Growth Rate
+14.8%Available Listings
842 properties
Townhouse
Median Price
$659,593
Growth Rate
+8.5%Available Listings
138 properties
Investment Potential Assessment
Investment Advantages
- Annual growth exceeds 8% - excellent performance
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy