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Bossley Park Suburb Insights
VICLocation Information
Suburb Name
Bossley Park, VIC
Distance from CBD
20.4 kmDemographics
Population
14,585
Median Income
$25,012
Area Information
Area
4.54 km²
Population Density
3213 people/km²
Property Market
Median Price
$959,502
Annual Growth
+11.6%Property Price Trend Analysis
Current Median Price
$959,502
Annual Growth
+11.6%
Quarterly Growth
+2.7%
Price Trends - Last 6 Months
2024-01
$822,894
+7%2024-02
$449,291
+7.6%2024-03
$669,591
+11.6%2024-04
$917,053
+8.2%2024-05
$632,508
+12.9%2024-06
$1,116,759
+15.7%Property Type Price Analysis
House
Median Price
$1,417,549
Growth Rate
+6.3%Available Listings
389 properties
Apartment
Median Price
$484,051
Growth Rate
+16.6%Available Listings
726 properties
Townhouse
Median Price
$406,282
Growth Rate
+8.9%Available Listings
127 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