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Caddens Suburb Insights
VICLocation Information
Suburb Name
Caddens, VIC
Distance from CBD
18.7 kmDemographics
Population
1,475
Median Income
$33,540
Area Information
Area
1.69 km²
Population Density
873 people/km²
Property Market
Median Price
$550,190
Annual Growth
+17.7%Property Price Trend Analysis
Current Median Price
$550,190
Annual Growth
+17.7%
Quarterly Growth
+1.6%
Price Trends - Last 6 Months
2024-01
$902,621
+9.5%2024-02
$831,227
+5.8%2024-03
$856,044
+14%2024-04
$809,596
+11.4%2024-05
$1,193,719
+8.7%2024-06
$592,709
+12.5%Property Type Price Analysis
House
Median Price
$1,300,690
Growth Rate
+10%Available Listings
316 properties
Apartment
Median Price
$652,811
Growth Rate
+14.4%Available Listings
811 properties
Townhouse
Median Price
$597,296
Growth Rate
+9.4%Available Listings
144 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