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Allawah Suburb Insights
VICLocation Information
Suburb Name
Allawah, VIC
Distance from CBD
21.6 kmDemographics
Population
5,706
Median Income
$31,928
Area Information
Area
0.58 km²
Population Density
9838 people/km²
Property Market
Median Price
$419,951
Annual Growth
+7.3%Property Price Trend Analysis
Current Median Price
$419,951
Annual Growth
+7.3%
Quarterly Growth
+2.7%
Price Trends - Last 6 Months
2024-01
$821,568
+3.4%2024-02
$745,156
+8.1%2024-03
$1,096,903
+12.5%2024-04
$856,892
+6.7%2024-05
$816,544
+11%2024-06
$503,613
+15%Property Type Price Analysis
House
Median Price
$1,509,843
Growth Rate
+9.7%Available Listings
350 properties
Apartment
Median Price
$571,434
Growth Rate
+17.5%Available Listings
927 properties
Townhouse
Median Price
$742,949
Growth Rate
+10.9%Available Listings
346 properties
Investment Potential Assessment
Investment Advantages
- Strong quarterly growth momentum
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy