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Bow Bowing Suburb Insights
VICLocation Information
Suburb Name
Bow Bowing, VIC
Distance from CBD
22.4 kmDemographics
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