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Burraneer Suburb Insights
VICLocation Information
Suburb Name
Burraneer, VIC
Distance from CBD
10.2 kmDemographics
Population
3,584
Median Income
$52,728
Area Information
Area
1.45 km²
Population Density
2472 people/km²
Property Market
Median Price
$1,080,519
Annual Growth
+14.4%Property Price Trend Analysis
Current Median Price
$1,080,519
Annual Growth
+14.4%
Quarterly Growth
+4.8%
Price Trends - Last 6 Months
2024-01
$679,676
+9%2024-02
$867,034
+6.8%2024-03
$903,065
+14.8%2024-04
$538,580
+9.8%2024-05
$580,763
+17.9%2024-06
$1,050,581
+15.8%Property Type Price Analysis
House
Median Price
$1,142,208
Growth Rate
+6.4%Available Listings
110 properties
Apartment
Median Price
$358,236
Growth Rate
+11.1%Available Listings
354 properties
Townhouse
Median Price
$611,995
Growth Rate
+7.2%Available Listings
90 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