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Cambridge Park Suburb Insights
VICLocation Information
Suburb Name
Cambridge Park, VIC
Distance from CBD
9.7 kmDemographics
Population
6,726
Median Income
$35,360
Area Information
Area
2.62 km²
Population Density
2567 people/km²
Property Market
Median Price
$897,992
Annual Growth
+6.3%Property Price Trend Analysis
Current Median Price
$897,992
Annual Growth
+6.3%
Quarterly Growth
+1.3%
Price Trends - Last 6 Months
2024-01
$511,836
+6.8%2024-02
$714,701
+11.5%2024-03
$599,991
+11%2024-04
$420,690
+11.6%2024-05
$932,712
+13.1%2024-06
$800,773
+14.1%Property Type Price Analysis
House
Median Price
$1,628,799
Growth Rate
+6.5%Available Listings
152 properties
Apartment
Median Price
$467,310
Growth Rate
+13.4%Available Listings
814 properties
Townhouse
Median Price
$964,964
Growth Rate
+16.6%Available Listings
201 properties
Investment Potential Assessment
Investment Advantages
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy