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Cambridge Gardens Suburb Insights
VICLocation Information
Suburb Name
Cambridge Gardens, VIC
Distance from CBD
23.5 kmDemographics
Population
2,014
Median Income
$39,000
Area Information
Area
0.77 km²
Population Density
2616 people/km²
Property Market
Median Price
$733,766
Annual Growth
+7.4%Property Price Trend Analysis
Current Median Price
$733,766
Annual Growth
+7.4%
Quarterly Growth
+5%
Price Trends - Last 6 Months
2024-01
$580,053
+9%2024-02
$700,351
+7.1%2024-03
$791,756
+5.5%2024-04
$730,343
+10.3%2024-05
$696,579
+13.5%2024-06
$932,266
+10.6%Property Type Price Analysis
House
Median Price
$1,765,972
Growth Rate
+7.9%Available Listings
459 properties
Apartment
Median Price
$549,113
Growth Rate
+10.4%Available Listings
552 properties
Townhouse
Median Price
$461,704
Growth Rate
+7%Available Listings
220 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