Homewise logoHomewise
Back to Suburb Insights

Bronte Suburb Insights

VIC
Location Information

Suburb Name

Bronte, VIC

Distance from CBD

14 km
Demographics

Population

6,733

Median Income

$65,572

Area Information

Area

1.33 km²

Population Density

5062 people/km²

Property Market

Median Price

$1,131,485

Annual Growth

+10.3%
Property Price Trend Analysis

Current Median Price

$1,131,485

Annual Growth

+10.3%

Quarterly Growth

+2%

Price Trends - Last 6 Months

2024-01

$910,982

+3.2%
2024-02

$803,372

+9.3%
2024-03

$890,384

+8%
2024-04

$406,023

+14.5%
2024-05

$1,024,844

+7.2%
2024-06

$1,131,512

+9%
Property Type Price Analysis
House

Median Price

$923,944

Growth Rate

+11.3%

Available Listings

136 properties

Apartment

Median Price

$598,692

Growth Rate

+6.2%

Available Listings

218 properties

Townhouse

Median Price

$952,935

Growth Rate

+16%

Available Listings

100 properties

Investment Potential Assessment
Investment Advantages
  • Annual growth exceeds 8% - excellent performance
  • Diverse property types available
Considerations
  • Rising prices may affect affordability
  • Monitor interest rate changes
  • Consider long-term investment strategy