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Caddens Suburb Insights

VIC
Location Information

Suburb Name

Caddens, VIC

Distance from CBD

18.7 km
Demographics

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