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Botany Suburb Insights
VICLocation Information
Suburb Name
Botany, VIC
Distance from CBD
15.9 kmDemographics
Population
10,817
Median Income
$46,800
Area Information
Area
3.21 km²
Population Density
3370 people/km²
Property Market
Median Price
$456,860
Annual Growth
+7.6%Property Price Trend Analysis
Current Median Price
$456,860
Annual Growth
+7.6%
Quarterly Growth
+1.4%
Price Trends - Last 6 Months
2024-01
$961,116
+6.4%2024-02
$638,390
+9.1%2024-03
$666,331
+9.5%2024-04
$987,282
+11.5%2024-05
$858,476
+18%2024-06
$1,028,667
+9.6%Property Type Price Analysis
House
Median Price
$1,460,939
Growth Rate
+5.5%Available Listings
404 properties
Apartment
Median Price
$634,988
Growth Rate
+16%Available Listings
218 properties
Townhouse
Median Price
$772,915
Growth Rate
+6.1%Available Listings
299 properties
Investment Potential Assessment
Investment Advantages
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy