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Cabarita Suburb Insights
VICLocation Information
Suburb Name
Cabarita, VIC
Distance from CBD
17.1 kmDemographics
Population
1,957
Median Income
$52,988
Area Information
Area
0.5 km²
Population Density
3914 people/km²
Property Market
Median Price
$1,099,402
Annual Growth
+7.7%Property Price Trend Analysis
Current Median Price
$1,099,402
Annual Growth
+7.7%
Quarterly Growth
+2.8%
Price Trends - Last 6 Months
2024-01
$879,881
+8.2%2024-02
$635,953
+9.2%2024-03
$1,023,144
+11.5%2024-04
$426,249
+9.3%2024-05
$1,108,614
+15.2%2024-06
$1,062,869
+20.5%Property Type Price Analysis
House
Median Price
$1,220,943
Growth Rate
+13.2%Available Listings
211 properties
Apartment
Median Price
$579,983
Growth Rate
+9.5%Available Listings
289 properties
Townhouse
Median Price
$796,132
Growth Rate
+14.7%Available Listings
293 properties
Investment Potential Assessment
Investment Advantages
- Strong quarterly growth momentum
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy