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Bow Bowing Suburb Insights

VIC
Location Information

Suburb Name

Bow Bowing, VIC

Distance from CBD

22.4 km
Demographics

Population

1,602

Median Income

$38,688

Area Information

Area

0.76 km²

Population Density

2108 people/km²

Property Market

Median Price

$506,794

Annual Growth

+15.7%
Property Price Trend Analysis

Current Median Price

$506,794

Annual Growth

+15.7%

Quarterly Growth

+3.6%

Price Trends - Last 6 Months

2024-01

$909,644

+3.3%
2024-02

$1,036,530

+10.8%
2024-03

$744,779

+14.3%
2024-04

$858,538

+14.7%
2024-05

$835,029

+9.9%
2024-06

$963,020

+20.4%
Property Type Price Analysis
House

Median Price

$1,683,600

Growth Rate

+6.1%

Available Listings

454 properties

Apartment

Median Price

$437,694

Growth Rate

+15.4%

Available Listings

582 properties

Townhouse

Median Price

$694,705

Growth Rate

+16.9%

Available Listings

249 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