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Booker Bay Suburb Insights
VICLocation Information
Suburb Name
Booker Bay, VIC
Distance from CBD
21.6 kmDemographics
Population
1,326
Median Income
$28,860
Area Information
Area
0.49 km²
Population Density
2706 people/km²
Property Market
Median Price
$685,228
Annual Growth
+19.1%Property Price Trend Analysis
Current Median Price
$685,228
Annual Growth
+19.1%
Quarterly Growth
+4.5%
Price Trends - Last 6 Months
2024-01
$891,362
+6.1%2024-02
$985,068
+12%2024-03
$391,604
+7.1%2024-04
$572,868
+9.8%2024-05
$464,811
+14%2024-06
$578,501
+20.7%Property Type Price Analysis
House
Median Price
$1,690,586
Growth Rate
+7.6%Available Listings
382 properties
Apartment
Median Price
$406,283
Growth Rate
+10.6%Available Listings
694 properties
Townhouse
Median Price
$486,892
Growth Rate
+11.2%Available Listings
85 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