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Ambarvale Suburb Insights
VICLocation Information
Suburb Name
Ambarvale, VIC
Distance from CBD
6 kmDemographics
Population
7,374
Median Income
$28,912
Area Information
Area
2.88 km²
Population Density
2560 people/km²
Property Market
Median Price
$1,116,875
Annual Growth
+10.2%Property Price Trend Analysis
Current Median Price
$1,116,875
Annual Growth
+10.2%
Quarterly Growth
+2.1%
Price Trends - Last 6 Months
2024-01
$984,882
+7.7%2024-02
$546,223
+10%2024-03
$832,131
+9.5%2024-04
$431,895
+13.5%2024-05
$820,684
+8.8%2024-06
$423,846
+19.9%Property Type Price Analysis
House
Median Price
$1,457,108
Growth Rate
+5.4%Available Listings
209 properties
Apartment
Median Price
$481,219
Growth Rate
+10.5%Available Listings
527 properties
Townhouse
Median Price
$732,528
Growth Rate
+8.9%Available Listings
147 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